Is ANOTHER Delta Investment "going in the tank" ?

Discussion in 'Delta Air Lines' started by NewHampshire Black Bears, Apr 21, 2016.

  1. NewHampshire Black Bears

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    I can't this second recall which asian carrier investment TANKED on DL, but is ANOTHER one about to go in the Crapper ?     aka  G O L  ?
     
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  2. robbedagain

    robbedagain Veteran

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    Can you clear up what you're saying here plz
     
  3. 700UW

    700UW Corn Field

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    GOL is getting ready to enter bankruptcy and DL invested in them and owns a piece.
     
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  4. robbedagain

    robbedagain Veteran

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  5. jimntx

    jimntx Veteran

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    However, GOL is a Brazilian airline, not an Asian one.
     
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  6. xUT

    xUT Veteran

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    And you expected more from Bears? ... LOL
    :p
     
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  7. eolesen

    eolesen Veteran

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  8. NewHampshire Black Bears

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    Jim, per the asian carrier, I was referring to a failed investment Del - DUH made with some asian carrier not so long ago, who name is failing me at the moment.
     
  9. NewHampshire Black Bears

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    " Short arm Inspector ",  xUT  ???
     
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  10. 700UW

    700UW Corn Field

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    China Eastern $450 million investment, and already has lost its value.
     
  11. jimntx

    jimntx Veteran

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    Yes, but you added the phrase "aka GOL" which makes it a reference to the investment going south in Brazil, not Asia.  The analysis posted by Eolesen offers the possibility that the GOL investment might turn out ok if they restructure properly.  However, seems to me that if they lose the initial $80 million investment in bankruptcy and are still on the hook for $300 million of GOL's debt, that is going to leave a mark.
     
  12. robbedagain

    robbedagain Veteran

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    NHBB  can you spell DELTA or DL instead of the other way   thanks
     
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  13. BABABOOY

    BABABOOY Veteran

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    I'm sure recalling the name is the least of your problems that are failing you.....
     
    Concentrate on putting  a coherent statement together and lets go from there.
     
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  14. eolesen

    eolesen Veteran

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    NHBB's memory aside, the point still stands --- the investments in MU and G3 have lost value, and DL is on the hook for a lot of G3's debt.

    The investment in AM seems to have done the best out of all of these.
     
  15. metopower

    metopower Veteran

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    Just like all the hoopla over the money losing refinery and the horrible investment in the money losing Virgin Atlantic. DL may be on the hook for now but we will just have to see what happens. Besides GOL is not going to disappear.It may reorganize. And if they don't I wonder if their fleet is collateralize by DL.
     

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