you are right LL, I was going to post a somewhat sarcastic remark about the good old days, when mgmt was retiring the last of Asher for us. But then I researched how they did it, and yeah I think the first repayment starts in September. But the guy who loaned the money to Gamber is a friend of his so favors may be called in for all we know.
But back to my point. IMHO this company absolutely needs this CAC to survive in the long run. Over the past month I've never agreed with those claiming that the company could go BK tomorrow, but long term... a year or 18 months from now? Still with Air Charter restrictions tamping down on it's biggest revenue stream? BK would be a possibility in my mind.
they need to be able to fly more (7 days a week, maybe with bigger planes) when the market is demanding it. and especially now that other airlines, who used larger planes, are cutting their services to our market niche.