Would Us Still Be Flying With The Atsb Extension?

[AA191]

Would US still be here at the end of the week if the ATSB loan was not approved/extended?

 

[madders]

No but you already knew that answer huh ?!!

 

[RowUnderDCA]

you mean: if the ATSB did not approve the use of certain portions of cash collateral for continued operations, because the ATSB backed loans are already sufficiently collateralized, would U be able to continue operating?

Not unless somebody else came forward with DIP financing.

 

[usfliboi]

does that matter now?

 

[a320av8r]

My guess is AA will be SOL when (not if) they go into bankruptcy.