Originally Posted by CargoOne
It doesn't matter how big will be the bill for overhaul and if there will be blades shortage.
It does.
It's the choice of going bankrupt now, with equipment ready to go when ash disperses, financing becomes available and new airlines arise from the ashes of old, or going bankrupt a few months later with equipment that no money will help get airborne.
Of course that as a pilot I have a vested interest of going via the first path and my interests are at odds with airline CEO. (S)he can find as well or even better paid job at any other industry, I can not.
Company that changes top brass rapidly, imports them and rewards short term financial results only, can not expect them to have long term company benefit as their top priority.