Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-163

Yeah, they are transitioning to Airplus... but...: they're short $3.2mio ie there is not enough receivables to pay back what has been borrowed. It is the consolidated view. In truth, that amount is already restricted to support the DW. In any case, the true cash position is what's report as "Net Cash" in the commentary just ahead of the actual 4C. Also, lenders typically have makewhole periods, ie they want to receive the interest for a minimum period. No idea here, but don't necessarily assume they can just repay it...