If a major corporate investment such as the 225 fleet loses value, management must respond.
Unfortunately, most countries do not have the legal adjustment mechanism that Chapter 11 provides in the US.
I know that restructuring can be much more difficult in non US jurisdictions, but don't have a fix on Bristows legal circumstances.
Surely it makes no sense to drive the enterprise over the cliff if one asset turns sour, even if it is a major asset.
So there must be way for management to compartmentalize the loss.