...And it assumes that a majority of the creditors of which crew are one (and whom I understand in the cases of the suppliers I am aware of have still yet to be formally notified of the situation) will agree to the repayment terms of the voluntary administration agreement...if not the company is liquidated...regardless an Administrator is appointed
2 737's are going to have to work very hard to pay off the debts that are believed to be announced...it is a trade off with creditors of getting some money from disposing of the assets or a vague promise of a bit more money over a longer period of time if the company is allowed to continue trading...from an operational point of view lack of credit from suppliers will be a major hurdle to overcome...will Stoddard put money in? at least this would give all some feeling of security and hope to allow the company to trade out of its' debts/troubles...