700UW,
No it wasnt, the loan was sold off by the ATSB, then US financed it with GECAS, then borrowed money from other banks and paid off GECAS, the loan is still on the books.
You are correct, my bad. The point I was getting at was while we were AWA, the company had to stay within restrictions of the ATSB loan or risk repaying the full amount. Now, those restrictions are gone and wouldn't affect negotiations the way they did before.
Respectfully,
P. REZ
No it wasnt, the loan was sold off by the ATSB, then US financed it with GECAS, then borrowed money from other banks and paid off GECAS, the loan is still on the books.
You are correct, my bad. The point I was getting at was while we were AWA, the company had to stay within restrictions of the ATSB loan or risk repaying the full amount. Now, those restrictions are gone and wouldn't affect negotiations the way they did before.
Respectfully,
P. REZ