HAL From United States of America, joined Jan 2002, 2588 posts, RR: 52 Posted (12 years 1 week 4 days ago) and read 1468 times:
The bankruptcy judge ruled that a trustee should be appointed to run the airline, and CEO John Adams gets the boot. I personally think it's for the best, as with Adams still in control, there's no way we could negotiate with Boeing. Just too much bad blood between them.
HA_DC9 From United States of America, joined Jul 1999, 659 posts, RR: 1
Reply 7, posted (12 years 1 week 1 day 6 hours ago) and read 1260 times:
i'm pretty sure that HA will pull through OK even with a trustee. But the ball is now in Boeing's court to renegotiate the leases as they are the primary ones who wanted a trustee. Leases with ILFC and Ansett have already been renegotiated before the trustee decision came. Those leases are now pending court approval. I think if HA were to fold, a lot of people would hold Boeing responsible.