If the company filed bankruptcy, wouldn't that give them the opportunity to cancel their commitments with these "Golden Parachute"
millionaires?...
If it gives them an "out" with other creditors, wouldn't Ganghwal, Wolfe, Siegel, etc have to line up in BK court to get their contracted payments committed to them , before the airline had to file for protection? Wouldn't Bombardier, Embrier & GE Capital come before them as main creditiors ?