The entire parent company Atlas Worldwide Holdings has been playing quite the shell and pea game with Atlas Air, Polar Air and AACS (Atlas Air Crew Services, I think).
I've seen reports that indicate *major* confusion over figures of assets and liabilities and just exactly who is to be considered a creditor.
It'll all come out in the wash for sure. We just have to wait and see.
As far as over staffing is concerned, yeah, too many pilots at Atlas--they just furloughed a whole bunch.
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