That's all very well chadzat, but what some of the debt instruments that are maturing over the next 12 months ????
They have to be funded for VAH to survive, and the cash reserves (and I don't believe it's $1 billion) will take a huge haircut.
Ansett before it fell over had considerably more "cash" and we all know the outcome there.
Everyone better hope COVID-19 is resolved sooner rather than later, otherwise things will get really tricky for a lot of companies and global economies in general.