PPRuNe Forums - View Single Post - Virgin Blue says can fend off Jetstar threat
Old 26th Apr 2004, 02:53
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bitter balance
 
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I recall another airline exec in Oz saying a couple of years ago that they had $1B in cash reserve. Not saying VB will go the way of that carrier but you have to be careful listening to beancounters when they're being tricky! I think this has more to do with financial analysts (and press) putting VB shares under the microscope and not liking what they see.
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