PPRuNe Forums - View Single Post - Zetta Jet USA files Chapter 11
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Old 18th Sep 2017, 09:14
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Propellerpilot
 
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Chapter11 is a means not to pay the accumulated debt before the filing and continue operations. It can be (mis)used to give yourself a boost and an unfair advantage against market competitors... Only time will tell if the appointed management play their cards right - for now, this means business as usual.

Last edited by Propellerpilot; 18th Sep 2017 at 09:27.
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