Originally Posted by
PoppaJo
Well if they are paying that bond with Cash then the balance will be down to 400m. But that number will be even lower once the next three half’s pass. Essentially it could be 100-200m left.
It looks like the MAX deal is largely split 50/50 lease/own also.
More cash needed!
Just get SQ to buy off Etihad, Chinese and the public.
The "so called Messiah SQ" has been reported to not been happy with VA for some time, despite being equally responsible (alongside EY, HNA and to some extent NZ) for getting VA into the financial mess they are today.
SQ have also booked losses from their VA investment in their own financial reports, and it's assumed that SQ are writing off their VA losses.
There's a better chance of VA's other partners: DL or NH taking over VA, and that's NOT likely to happen either.