RE:RE:RE:wouldn't risk summer travelAgreed, like restaurants usually shutter up and leave their suppliers with unpaid bills around mid January, after the busier cash flow year end season is done. Flair should Flare by September end.
Tempo1 wrote: Usually, the foreclosures happens at the end of the cashinflow period. Creditor let go the cash inflow before moving to have a reduced unsecured position.
The critical period is the end of this period when companies are face to a dry one. So, my prediction is an end of operations in september. It could be before if the booking are weak and the clients confidence is too much altered to have sufficient booking to fill planes at 80% at least; an anticipated dry period.