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Old 6th Mar 2020, 09:58
  #214 (permalink)  
coaldemon
 
Join Date: Jan 2004
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Nothing to do with Airbus they sold the frames to whichever Lessor it was that took on the risk. They will not take over the leases unless they are making a huge markup on the replacements. Also for simplicity if you raise around $1 Billion AUD in the Oz and US markets then spend $700 Mil on Velocity and end up with less cash in the bank after 6 months then there is an issue. I think that is why the CEO was dealing with the Investors today. They may be a bit worried as their bonds lose value in the current market.
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