Originally Posted by parnel
Probably so but Cerbereus has bigger ideas than just owning a piece of AC I think. It would not be their style to sit tight on just being an ACE shareholder.
Cerberus and the other hedge funds (even Onyx) have little or no airline operating experience. They go out and contract for consultants to help them decipher the inner workings of the airline and then they make their financial decisions. During the AC CCAA it wasn't just the lawyers that made out like bandits.