PPRuNe Forums - View Single Post - "Virgin Australia Mk II could launch in as little as three months"
Old 24th Apr 2020, 07:42
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Chadzat
 
Join Date: Mar 2005
Location: A house
Posts: 645
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Originally Posted by normanton
Oh boy. More debt and inaccurate financial information being given to the ASX. This could get interesting.

Ever heard of a little thing called an exchange rate? A lot of the debt was in $US.

Also employee entitlements are not really a reportable debt when a company is still trading. But it automatically turns into a debt when in administration.
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