PPRuNe Forums - View Single Post - REX to transition to ATRs, start domestic jet ops
Old 18th May 2021, 03:14
  #1120 (permalink)  
No Idea Either
 
Join Date: Aug 2006
Location: Land of Oz
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I personally have no idea about anything corporate, but wouldn’t this ‘cross guarantee’ deed be the vehicle for PAG to take the part ownership of the parent company. But it sounds risky as it appears, how I see it, that’s this deed/vehicle may also leave the entire show open to all the debt...........risky business if that’s correct.
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