Declaring Bankruptcy - Finding Hope - #8384
Thursday, February 28, 2019
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It's never fun when the plane you're flying on hits turbulence, especially if the fellow next to you has like a weak stomach. It's really not fun when an entire airline hits turbulence. Several have over the years, including one of America's largest and one that had been kind of my airline of preference. It was a bit of a shocker to read that their indebtedness had reached such a critical point they were actually considering the protection of bankruptcy to try to recover. Bankruptcy is a word we're hearing way too often. You know? Then I saw the headline that confirmed the seriousness of their situation. Here's what it said: "Airline Seeks Rescue in Bankruptcy."