Virgin Australia : 315 Million Loss - How long can they survive?

[Arthur D]

Originally Posted by Mr Google Head

Apart from the $1.74B listed in the annual financials....?

I remember Gary Toomey crowing he had $1 Billion in cash..... and then it became $2 Billion ....... and then it became nothing.

As a public company, they can’t simply burn through shareholders cash in the vain hope of the weather changing......