VBA virgin blue holdings limited

20c very close-bring back sabre, page-2

  1. 837 Posts.
    she's not looking too good.

    I've contended the issues facing this company are two, consumer demand but the bigger one is debt, these markets don't like debt anymore, VBA used debt to expand it's business and when you use debt your not as smart with your money as if you went through the pains of trying to save it. Ordering those 737's at a hefty price when other carriers are grounding their planes now looks like a very bad move.
 
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Currently unlisted public company.

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