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Old 20th November 2007 | 18:56
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WhaleFR8
 
Joined: Oct 2006
Posts: 222
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From: US
FWIW without the Polar scheduled service there would've been no lender willing to provide DIP financing resulting in Atlas liquidating in 2003.
hahahah Perhaps you are right - of course the real REALITY is that without the purchase of the nearly bankrupt Polar operation and the drain that their non-integrated and highly unprofitable scheduled service placed on Atlas, there would have been no need for dip financing.

No Polar = no bankruptcy.

Last edited by WhaleFR8; 20th November 2007 at 19:09.
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