VEX is losing lots of money

[sky unlimited]

According to the Belgium Television, Brussel-based Virgin Express lost 65m Euro and is now thinking of selling at least 15 aircrafts. Are there some insiders with more information?

[CargoRat2]

Not an insider but found following;
12 months to Dec 31,2000 all in millions of euros

Group net profit (loss) (65.20)
Pre-tax profit (loss) (65.29)
Operating profit (loss) (61.83)
Exceptional gains (charges) (17.5)
Turnover 289.87



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rgds Rat

[EPILON]

Silly Question really, but how can VEX sell aircraft that they don't own??