That'll be alright then. Von Essen Aviation won't in any way miss the large amount of cashflow generated by Von Essen Hotels, such CF being used to pay debts for the whole group.
And as for the new Hotel Verta......presumably that building and its environs being in the hands of administrators won't at all affect it?
Banks may appear stupid - but they appoint administrators to get back loans made that weren't being covered. They will use all and every avenue to find the cash.
This may yet be another sad rotary industry story.