PPRuNe Forums - View Single Post - AFR - Virgin Administrators come under fire for doubtful forecasts
Old 16th May 2020, 01:52
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wheels_down
 
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Originally Posted by SHVC
If it’s still in administration come September and aircraft are flying wouldn’t Deloitte be responsible for any loss making flights? If so, would it be reasonable to assume they know more then they’re letting on.
The longer it drags on the more risk Deloitte needs to take on in the form of more loans to keep the joint running.

They already have $200m taken out. They will want $300m back for that gesture.
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