if it does not take immediate action, who might force it to take action ? outline the principle involved

AirTransat has the following Balance Sheet (some items have been removed for simplification Transat A.T. Inc. 31 OCT 20 2,016.1 851.1 426.4 95.3 2.4 10.0 47.2 16.5 1,164.9 136.9 Total assets Current assets Cash and cash equivalents Trade and other receivables Income taxes receivable Inventories Prepaid expenses Current portion of deposits Non-current assets Deposits Income taxes receivable Property, plant and equipment Intangible assets Total liabilities and equity Current liabilities Trade and other payables Customer deposits and deferred revenues Current portion of long-term debt Non-current liabilities Long-term debt and lease liabilities Provision for overhaul of leased aircraft Other liabilities Total equity 15.1 916.4 25.5 2,016.1 1,014.3 232.2 608.9 148.0 935.4 755.9 128.6 50.2 66.3 All debt is secured, but there is insufficient collateral. For the year ending 31 Oct 20 the company lost $500 Million What action can the company voluntarily undertake to -rebuild its balance sheet? What sort of investor might help them? -Liquidate itself