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Old 05-30-2008, 01:48 PM   #7 (permalink)
SF3Flyer
 
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Location: Newport Beach, CA
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Originally Posted by Hbrow15 View Post
I think he means that CAL is the leaseholder on our airplanes and if we cease to exist then they will be stuck paying the lease.
I understand that, but Bankruptcy doesn't mean an automatic shutdown of the airline and that we cease to exist, as everyone is suggesting. If that were the case, Frontier would not be here. Neither would Delta, Northwest, US Airways (twice over), United, Continental, etc.
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