Presumably some of teh routes that they fly must be profitable, and if it goes into Administration then they would be able to continue on those routes. Would this be a way around LIFO redundancy packages and the Adminstrators would just keep the crews that they wanted. If it is in Liquidation then they would wind it up and sell any assets to pay the creditors, more than likely only a fraction of what they are owed. Ergo wouldn't it be better in Administration, there are a few American airlines that have traded out of deep **** b4 now. What will the union do, I heard one acft asking to divert this morning under orders from his company not wanting the acft togo to BRU due to industrial action.
It would be a shame to see them disappear completely, they had such a good paint scheme.
