Newps writes:

You're an idiot.

It would be nice if I were.

Why would someone spend all that money to liquidate
the company?

First you milk the company for all its worth, then you carefully cut
it into pieces and sell it for prices that give you a substantial
return on your initial investment. That's the way holding companies
work.

Rest assured, companies like this care absolutely nothing about
aviation or the actual work of any of their acquisitions. All they
care about is money. If their acquisition doesn't make lots of money
quickly, they'll dump it, usually in chunks.

The reason for this is that investment companies want high, short-term
returns. They don't care about the survival of a company or the
services or products it provides. Very often, the goal of short-term
profits conflicts with the goal of long-term prosperity and survival
and public service, and so the company is destroyed.

They've already spent many, many times what the company
assets are worth buying it.

Wait and see. I hope you're right, as I'd hate to see this company
disappear.

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