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Forum: Australia, New Zealand & the Pacific

16th Sep 2019, 06:28

Replies: 274

Virgin Australia : 315 Million Loss - How long can they survive?

Views: 246,878

Posted By Mr Google Head

calculated over 5.5 years it’s actually closer to...

calculated over 5.5 years it’s actually closer to 16% annual compound interest. Not ideal but as said previously they needed cash. When they’re probably paying 5-8% normally it’s hardly doomsday.

Forum: Australia, New Zealand & the Pacific

2nd Sep 2019, 22:47

Replies: 274

Virgin Australia : 315 Million Loss - How long can they survive?

Views: 246,878

Posted By Mr Google Head

If you mean XFA and XFB that virgin leased of...

If you mean XFA and XFB that virgin leased of Emirates they’ve been gone a long time...

Forum: Australia, New Zealand & the Pacific

31st Aug 2019, 12:38

Replies: 274

Virgin Australia : 315 Million Loss - How long can they survive?

Views: 246,878

Posted By Mr Google Head

why haven’t virgin just closed up then if Ansett...

why haven’t virgin just closed up then if Ansett made a profit before they collapsed? On the logic being put forward here? Surely a company not profiting can’t continue??? (This is sarcasm for anyone...

Forum: Australia, New Zealand & the Pacific

31st Aug 2019, 01:49

Replies: 274

Virgin Australia : 315 Million Loss - How long can they survive?

Views: 246,878

Posted By Mr Google Head

they wont be able to refinance? People will stop...

they wont be able to refinance? People will stop buying tickets? Please. Some of the scaremongering here is a bit over the top.

Forum: Australia, New Zealand & the Pacific

31st Aug 2019, 01:33

Replies: 274

Virgin Australia : 315 Million Loss - How long can they survive?

Views: 246,878

Posted By Mr Google Head

Apart from the $1.74B listed in the annual...

Apart from the $1.74B listed in the annual financials....?

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