Hardly, oil fell to $90 and the stock was trading in the $.45 range.
The main reason it Virgin went into debt of 2 billion to order 60 new jets in a market that is slowing, grounding planes and over capacity.
All the companies that have tried to grow by going into debt are being smashed, I don't see how VBA can pay back it's 2 billion debt.
is oil the only reason for the downturn...., page-3
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