The ASX is closing the lowest it has been in years... Billions are being wipped off companies, including everyone's super...
Just because they sold & leaseback three B737-800's doesnt give a hoot that it means that they need the cash because they are in 'dire straight' Everyone does it... Qantas with A330's, Virgin Blue with 737's and most European companies have done it.. Its common practise... as long as they put the funds to good use...
While it is sad to see that they posted a loss thanks to the set up with V Australia but... isnt like everyone posting losses, writing off huge debt?