Re: Cartel like behavior in aviation??

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>From a story in the WSJ, ACES didn't file for bankruptcy protection because
most of its debt was held by companies and individuals outside Columbia. Such
debts included their a/c leases.

ACES was 50% owned by Fedecafe (the Columbia coffee growers federation) and
they didn't feel in a position to bail it out.

--On Tuesday, August 26, 2003 0:43 -0400 Juan Carlos Gideon
<JCAirStuff@xxxxxxx> wrote:
> But why bring this up??  Because, ACES just a few days ago shut down.
That's s
> right, shut dowdidn'tdnt even file for bankruptcy protection or anything.
> Ceased to exist.  ACES being the airline that bailed out Avianca?!?
--
|    Kenton A. Hoover / Private Citizen / shibumi@xxxxxxxxxxxxxx   |

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