Ansett ran out of cash. Once their market share went below 36% they couldn't keep their heads above water. If you look at the cash flows for VA though there was $250 from another debt raising and some asset sales. Problem with not being profitable is that the financial institutions such as banks, Investors and leasing companies require a higher risk premium. The more you borrow the more it costs. So if VA did indeed try to order 787's then the lease factor required by any of the main leasing companies would be above .75 I suspect replacing expensive leased A330's with more expensive B787's. Time will tell.