A FlyerTalk Posting Legend
Join Date: Sep 2009
Location: Minneapolis: DL DM charter 2.3MM
Programs: A3*Gold, SPG Plat, HyattDiamond, MarriottPP, LHW exAccess, ICI, Raffles Amb, NW PE MM, TWA Gold MM
Posts: 100,404
Who wants and can buy lots of airline assets now, even really cheap? They' re not planning to dissolve the company, only reorganize (hopefully). My guess is that the main role of a Chapter 15 filing is to prevent anyone from seizing or impounding any assets that might be permanently or temporarily located in the USA while bankruptcy details are worked out elsewhere.
BTW, does anyone know whether VS owns or leases its aircraft? Do they have any Boeing or Airbus orders (production slots) that could be of any value to another carrier?