PPRuNe Forums - View Single Post - Eaac 747'2
Thread: Eaac 747'2
View Single Post
Old 12th May 2004, 16:20
  #6 (permalink)  
jmc757
 
Join Date: May 2002
Location: Coventry, UK
Posts: 207
Likes: 0
Received 0 Likes on 0 Posts
There is also the fact of the financial difficulty at EAAC. In February they layed off 560 staff and grounded most of the fleet (including all the 747s, although since they have seen some limited service).

EAAC is under a Creditors Voluntary Agreement (CVA) with its creditors to try and save the company.
jmc757 is offline