MY GOD, IT’S FULL OF STARS

Restructurings are entering another phase. Malaysia Airlines is flirting with Part 26A to restructure its fleet, while Lion Air is looking to pay its aircraft rent for the next two years on a flight hour basis. Is this shift eerily reminiscent of the final scene in the novel '2001: A Space Odyssey' when Dr David Bowman vanishes into an infinite tunnel? As this happens, Mission Control hears him say: "The thing's hollow! It goes on forever, and...oh my God, it's full of stars!" Is the leasing industry also entering an unknown star system where restructurings are vast and take on a different shape as parties battle to emerge successfully on the other side of this crisis?