Just to clear "vendor" means airports, oil companies, GHAs, caterers. Doesn't include banks or lessors.
Correct. Vendors might include MRO's, who hold on to assets (parts, engines, other items that were being fixed). Vendors might include airports, who hold onto whatever assets they might have seized -- office chattels and whatnot.
Oil companies, GHA's and caterers probably have no assets to lay their hands on -- but they surely can deny business to the deadbeat creditor, should it try to restart -- until everything is settled.
That's already not less than 1 billion USD of debt.
Obviously, lessors dues are not "vendors debt". And that debt will surely not go away -- after frames are repoed, lessors want only return of their dues; what to negotiate about? How much writeoff would a lessor accept, vs. immediate cash settlement? Legal challenges are possible, too.
And banks want to be paid something.
That's more debt.
Large financial hole, few tangible assets, and intangibles that are soon to expire (AOC, slots, traffic rights). What a charming business prospect to invest in.
AN4 A40 L4T TU3 TU5 IL6 ILW I93 F50 F70 100 146 ARJ AT7 DH4 L10 CRJ ERJ E90 E95 DC-9 MD-8X YK4 YK2 SF3 S20 319 320 321 332 333 343 346 722 732 733 734 735 73G 738 739 744 74M 757 767 777
Ceterum autem censeo, Moscovia esse delendam