Negative Cash Balance

[pdxpilot06]

My airline has a negative cash balance - can this continue or will lessors start seizing my aircraft if I can't make the monthly lease payments? I am considering bankruptcy and starting over. How long do I have to make a decision?

[Sami]

That is ok up to a certain point. When it's tens of millions negative you will get a bankruptcy warning and have about 24hrs time to react.

[pdxpilot06]

Good to know, thanks. I decided to declare bankruptcy and start over proactively. At least now I know I have some flexibility if things go south again.

[pdxpilot06]

That is ok up to a certain point. When it's tens of millions negative you will get a bankruptcy warning and have about 24hrs time to react.

Just to clarify...24 game hours (25 minutes) or 24 real world hours?

[Sami]

Real time naturally