PPRuNe Forums - View Single Post - REX AIRLINES Trading Halt
View Single Post
Old 30th July 2024 | 01:23
  #96 (permalink)  
TimmyTee
5 Anniversary
 
Joined: Feb 2018
Posts: 376
Likes: 41
From: Brisbane
Originally Posted by Ollie Onion
Why? Virgin only still exists due to the ability to write off substantial debts and restructure under protection of insolvency laws.
"We're not in the business of owning airlines" I believe was the response to the question of a government financial bailout

Or this gem
"The government is not going to bail out [five] large foreign shareholders with deep pockets"
TimmyTee is offline  
Reply