Well if Viking has no aircraft then it isn't operating but has the company wound up, by debt, or is it still in existence?
Aircraft, anything, only normally become repossessed due to non payment(s), on the face of it it sounds quite a game plan, a scam, i.e. let's operate for a suimmer, make as much money in a short term, whilst paying the least bills, then 'foxtrot oscar' with the monies reaped.