PPRuNe Forums - View Single Post - Government Loan to Virgin Australia

17th Apr 2020, 23:57

#712 (permalink)

Matt48

Join Date: Jan 2008

Location: Where I hang my hat.

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Quote:

Originally Posted by wheels_down

About 50/50

But they don’t really own them. As they have Borrowed cash against every one of them (minus the Fokker), with the now problem of unable to pay the debt tied to them, they are really owned by the banks.

Thanks WD.

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