FlyerTalk Forums - View Single Post - Think the planes will get REPO'ed?
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Old Feb 1, 2003 | 2:38 pm
  #6  
B747-437B
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Join Date: Aug 2000
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by jss:
The story re RG is that ILFC took back one their 777's from Varig when it arrived at CDG. </font>
The story is also that RG has defaulted on a rather large volume of ILFC and AIG debt, and has little prospect of paying it off in the near future. UAL on the other hand has plenty of assets available to liquidate for the benefit of secured creditors if push comes to shove.
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