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Search: Posts Made By: nomess
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Forum: Australia, New Zealand & the Pacific
19th Apr 2024, 23:28
Replies: 2,839
Views: 1,103,683
Posted By nomess

Spirit of Tasmania was having issues a few days...

Spirit of Tasmania was having issues a few days ago with delays/cancellations from a cargo shift incident. Might be moving delayed pax over.
Forum: Australia, New Zealand & the Pacific
11th Mar 2024, 10:09
Replies: 2,839
Views: 1,103,683
Posted By nomess

As in the new bloke they only hired 3 months ago?

As in the new bloke they only hired 3 months ago?
Forum: Australia, New Zealand & the Pacific
2nd Mar 2024, 05:52
Replies: 2,839
Views: 1,103,683
Posted By nomess

Any idea what the exit clauses are here for PAG?...

Any idea what the exit clauses are here for PAG? I don’t think they planned on funding a bleeding Saab operation.
Forum: Australia, New Zealand & the Pacific
1st Mar 2024, 06:58
Replies: 2,839
Views: 1,103,683
Posted By nomess

Well that’s a positive I guess. They have enough...

Well that’s a positive I guess. They have enough cash to go 617 days. Now as they add another three aircraft, you would assume that they continue the cash burn and that timeline greatly reduces.
...
Forum: Australia, New Zealand & the Pacific
1st Mar 2024, 06:27
Replies: 2,839
Views: 1,103,683
Posted By nomess

So according to the reported numbers, they are...

So according to the reported numbers, they are heading for insolvency in about 4-5 months.

As far as I can see, there are two options. Either a second cash injection to keep it going for a few...
Forum: Australia, New Zealand & the Pacific
29th Feb 2024, 05:43
Replies: 2,839
Views: 1,103,683
Posted By nomess

Mick, when does the cash run out? Assuming they...

Mick, when does the cash run out? Assuming they continue to burn 50-60m per year.

The fairytale will only go as far as the money pot will let it.
Showing results 1 to 6 of 6


 
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