Sounds eerily familiar. "Do what we want or the judge will do it for us." And the judge will. Then, when management gets cuts in from all of the employees using the court system as a hammer, management will pat themselves on the back, tell the court how THEY saved the airline, and how they are deserving of a disproportionate equity stake in the newly formed company.
They just lost $5.6 million last month--another in a continuing series of large monthly losses. Obviously a business plan--and bankruptcy reorganization plan--that is proving its fruitlessness more and more as time goes by.
You will find out that Wexford Capital is the majority shareholder in them and RAH. They could give 2 sh!ts about the welfare of their employees or their families. It's all about the shareholders making $$$, F'K Wexford