PPRuNe Forums - View Single Post - MERGED: Alan's still not happy......
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Old 6th Dec 2013, 00:45
  #531 (permalink)  
B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,395
Received 4 Likes on 4 Posts
Tankengine.

Morningstar advise QF has $6B + of debt.

The Balance Sheet shows:

Total Current Assets of $5.245B

Total Current Liabilities of $6.370B

Not a pretty picture and the outcome will see the loss of many more jobs and a reduction in the fleet after a hefty increase in airfares.
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