Originally Posted by
nanyang
No doubt people want money - but on the other hand, if we assume that the aircraft owner is a creditor as well, why should passengers have a claim against the aircraft?
To me it sounds somewhat similar to saying that the aircraft owner (lessor) could try and claim cash from other creditors. e.g. passengers. On that basis, should the passengers be held hostage at the airport until overdue payments to the aircraft owner are made?
Wrong question, because passengers pay in advance. They have already paid. They were not creditors, they used to be debtors of the airline, until they paid. Now they have rights in relation to the airline.
If the aircraft is at least partly owned by SkyGreece, this (partial) ownership is an asset. So, yes, it can probably be secured to guarantee payment, in case SkyGreece doesn't cough up the money. Alternatively, the other partial owners can deposit securities in like amount if they want to fly the aircraft.
The question is if the necessary procedure can be done in time.