Aircraft buyback
How can they buyback a/c with no new work and with what $$$? I get the ch11 strategy, but in 6 mos where will the extra $$$ come from to purchase a/c for what new contract work.
The ch11 will do much damage, right or wrong, to customer confidence. As it is, customers/ foreign country partners are going their own way in terms of operations.....have their own AOC and own a/c.
Plus, Bristow, Babcock, Weststar....etc are at the door with idle, non default lease a/c.
Short term strategy is sound.....but long term is hopey- changey!