PPRuNe Forums - View Single Post - Virgin headed for another disaster, says REX chairman
Old 9th May 2020, 06:39
  #65 (permalink)  
Foxxster
 
Join Date: Mar 2014
Location: Sydney
Posts: 88
If you want to see how much they spent on fuel, airport charges, employee expenses, all you have to do is look at their latest annual report. Might save the bickering going on here.

also, in terms of what will be left of Virgin, it appears they have used around $2.3 billion of planes as collateral for interest bearing liabilities. So if those interest bearing liabilities are now basically worthless, that would mean the holders are entitled to take ownership of those planes.
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