Rob Watts

Once aircraft get grounded, and you start to go into that spiral, that's really hard to get out of, you have a proportion of your fleet that's not generating revenue but is still costing you money, so the more aircraft you lose, your revenue falls but your cost doesn't fall in the same manner.

Jet has no aircraft operating and every day it keeps building and building liabilities, it would need a gigantic injection of capital to restore it, probably to the extent that at this point it's better starting over.