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Old 20th Apr 2020, 08:58
  #859 (permalink)  
Vindiesel
 
Join Date: Apr 2009
Location: SYD
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They weren't aggressive at controlling their cost base and they weren't aggressive at controlling how leveraged the company became. Similar overall amount of debt to Qantas with only 1/3 the revenue. That's not smart and that all becomes very exposed during a black swan event like this....
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