PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 13th Aug 2020, 07:23
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Inthestreet
 
Join Date: Aug 2020
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Company debt levels are greater than VA’s before their administration. If you include all ongoing liabilities including staff entitlements, that figure is surely north of 10 billion. With no short to medium term revenue to service this debt, another financial lever will need to be pulled or government bailout will be required very shortly. If that is not forthcoming everyone’s job and conditions are at risk. The vaccine will not arrive in time.
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