PPRuNe Forums - View Single Post - Virgin Blue to shed 400 jobs ....
View Single Post
Old 23rd Feb 2009, 00:11
  #75 (permalink)  
Dale Hardale
 
Join Date: Jan 2006
Location: S.O.E.
Posts: 139
Likes: 0
Received 0 Likes on 0 Posts
ACMS -

It was a loss for the 6 month period to 12/2008 of 101.4 m

43,

That's the point at which creditors get real nervous. Asset realisation may not be enough to preserve debt recovery.

It would only take one creditor to make a demand payment for the house of cards to collapse.
Dale Hardale is offline