Well this should get rid of the 'going concern' bogey - that's good.
The ANZ extra $50m + the AerCap agreement to vendor finance 65% covers the 12 E190 purchases for this year and we can then use the surplus operational cash to kit them out. No dividend, but an additional 12 money making flying machines.
Also good ot know AerCap will likely vendor fiance the remainder of the acquisitions.
Monkey gone, market should appreciate this.
Ann: Funding Update, page-2
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