Originally Posted by
TBM-Legend
the Saab op was not funding the jet operation, it was a $150m cash call that did that and the cookie jar is looking like a hour glass. Remember VA tried to stay alive on loans and cash injections until their hour glass ran out of sand. A number in the industry tell me they are being late paid or put on payment plans which is again lack of cash ie revenue. One day the lemon is very dry..,,
I beg to differ, while I totally understand where you are coming from with the $150mil paying for the jet lease, fuel, crew salary etc. I was referring to the infrastructure, the extra ground staff check in staff gate staff were all coming from the saab budget! As usual very creative accounting going on.