Old King Coal
I really hope your off the mark in your predictions
I did read in one of the paper that administration was not an option for the private owners.
I do however think your right that cash will pour out off the business this winter and with a planned? much smaller operation for next Summer then the opportunity to replenish will be diminished.
The thing i just can't get my head round is why they announced an order for 30 new aircraft just week before this broke, i know its only an MOI but there must have been an awful lot of work put into evaluating the various suitors vying for their business...what changed in a matter of weeks?