to cut a long story short ive run out of cash and have the bankrupcy warning, i owe the bank 685 million dollars.
This is not because my airline is losing money, quite the opposite really, i make good money with Jet Eire but its my brokering activities that have landed me in it. I basically bought too many aircraft and not as many as i would have hoped were sold, rather leased. This means i have a rather large asset value somewhere in the region of 9 Billion but i have sod all cash. Is the system going to make me Bankrupt? If people buy my aircraft rather than lease them then im ok, but if not and this bankrupcy warning is in place how many real days do i have before i am shut down?
Oh no that doesn't sound good! I don't know how the bankruptcy warnings work.
I have five of your aircaft on lease... I was going to buy one (thats all I have the cash for) of them to help you out but the option is not there for me to buy out the lease.
Hope you manage to turn things around!
i have about 20 boeing 737-800's to shift, reduced prices by 5 million each from what i had them at, and a further 5 million on about 10 of them on a buy only option, if these sell i should be ok :)
Put an announcement in the alliance forum... maybe a cash-rich member will help you out?? ;)
Unfortunately, my airline is not generating anywhere near the cash I'd need to buy anything lol.
You should be +34M now.. I miscounted the number of CR7s I ordered to replace my F70s.. while you didnt have CR705s for sale ( >:() I'll settle for a 700 and the complete retirement of my F100/70s fleet.
Talentz
thanks guys, think im ok now, bout 200 million in the black so can pay off this bank loan and hopefully get rid of the bankrupcy message.
i have A320's and 737-700's to sell, as well as CRJ700 and 900's
um well that didnt work, bankruptcy message is there still, despite being 130 million in black..any ideas as to why its still there?
As always it takes min. 24 hrs to clear.