PPRuNe Forums - View Single Post - Monarch - 3
Thread: Monarch - 3
View Single Post
Old 18th Aug 2017, 17:06
  #4234 (permalink)  
jetpacker15
 
Join Date: Aug 2017
Location: Manchester
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
From looking in it seems like Greybull have access to lots of credit. Surely the £165million investment just under 11 months ago was part of a long term strategy. The tie up with Boeing also suggests that one of the worlds biggest manufacturers also have faith in the plan. If I was running a business and was having a less favourable trading position than expected I would use the opportunity to sink some losses at once rather eek out costs year on year and consequently reap the future benefits. But I'm no accountant or CEO so have no idea.
jetpacker15 is offline