VA's finances are not great by a long shot, especially around debt. But it was sitting on $1.7b of cash as of the last reporting period and was generating free cash. This is not solvency. Ansett is not a comparison. VA has been aggressive in cost reduction and capital deferment programs. It has a healthy domestic business. the VA model is changing. The market can support it. B772 is making claims that without a cash injection from equity partners soon - VA will become insolvent. I don't agree.