QAN is in a much stronger position than VAH because of its much higher level of fleet owned versus fleet leased. QAN owns its 14 787s (11 delivered) and based on today's announcements, looks to be able to raise more than $2b if required againast those 14 787s on favourable terms, while VAH can't do the same with its much higher proprotion of leased aircraft, which presumably it must keep paying leases on even while drawing no revenue? I believe VAH only owns 4 of its B777s and leases all of the A330s and ATRs and around half its B737s.