Originally Posted by USCGamecock
That is the first I have heard about Independence Air having financial problems. When they started up they had a ton of cash and great credit. I think they'll be in business for awhile.
Their load factors have been below 50%.
They have an almost $100mm aircraft payment due in January. They're trying to renegotiate the timing on that payment, spread it out. If the renegotiation fails, they're expected to file for bankruptcy protection to avoid burning $98mm cash.
1) They aren't filing for bankruptcy before the end of December.
2) They'll certainly be flying when the original poster is planning to fly.
I'm sufficiently confident of them flying in December that I was comfortable with a colleague booking 40 seats on a single flight in Dec!