Airwave From United States of America, joined Mar 2006, 1117 posts, RR: 2
Reply 1, posted (10 years 1 month 4 days 6 hours ago) and read 2443 times:
Quote: Star Tribune:
Standard & Poor's credit analyst Kurt Forsgren wrote Feb. 27 that "current and future attempts by airlines to retroactively identify certain lease payments as 'disguised financings' as opposed to a 'true lease' could limit special facility financings of airline-related infrastructure for many years."
This is an interesting suit. But will it move through the system fast enough to be of any use to NW (should they win, that is)? Or is this more along the lines of a stall tactic; that, regardless of whether they eventually win or lose, in the meantine, NW wouldn't have to pay on it or really deal with it.
I'm not sure at all of any of the finer points of this, but I am quite curious...
When you do things right, people won't be sure you've done anything at all.