PPRuNe Forums - View Single Post - Virgin Australia : 315 Million Loss - How long can they survive?
Old 31st Aug 2019, 10:28
  #138 (permalink)  
PPRuNeUser0198
 
Join Date: Aug 2009
Posts: 509
Likes: 0
Received 0 Likes on 0 Posts
Aurthur - Virgin is cash flow positive. They're not burning through any cash stores. They don't need to. Depending on what they do for the bond that is maturing - they may either refinance it or use cash to fund it, but either way - the busines is generating free cash. They just need to increase that substantially.
PPRuNeUser0198 is offline