Accidental financial trouble
Whilst in a battle over a new aircraft I decided to lay off some staff that were idle…Little did I know about severance payouts as I hadn’t seen anything mentioned before (been playing for 3 weeks). This put me out of pocket by close to $400,000.At the same time I was already committed to the new aircraft and now I’m in the red with just hours before my weekly salary costs.Prior to the mistake everything had been budgeted for and was all fine and dandy with the second largest airline in my country.
Does this mean its all over?
I put a aircraft up for sale a couple days ago which would cover it easily so can the just repo that?
Concerned