what's the deal with mystery bankruptcy!
I (Air Manchester - Quimby IV) have just been declared bankrupt it's come as a complete shock no warning of anything. These guys are charlatans taking our money and time and making up rules as they go along! Anyone else experienced this!? If not I'd be worried it could happen to YOU!
You have been warned!
don't fall into these criteria
There will be a reason...
Have you leased an airplane from your holding company at some stage? Did you pay weekly wages?
This happened to another company some time ago - the owner just forgot that he had employed staff in his holding.
Could this be also the case here?
Well the news ticker on Quimby IV states the following:
2016-05-02 19:56 Due to the liquidation of AM Group, its subsidiary Air Manchester has been shut down.
2016-05-02 19:56 Due to insolvency AM Group has ceased operations and was liquidated.
<span>2016-04-18</span> <span>19:56</span>
<a data-ipb='nomediaparse' href='http://quimby.airlinesim.aero/app/info/enterprises/5200'>AM Group</a> seems to be in financial troubles. To survive its last week-end closing it was granted a rescue loan.
Looks like your holding was out of funds... This points into the direction suggested above by highscore
Which by the way is the only possibility to go bankrupt.