VBA virgin blue holdings limited
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sabre,interested in your thoughts on vba's credit situation.with...

  1. capman
    5,048 Posts.
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    17/06/08
    10:46
    Post #: 3867581
    sabre,

    interested in your thoughts on vba's credit situation.

    with $450 million of borrowed cash and commitments to embraer and boeing for the purchase of a lot of new aircraft is there a risk that vba will now be squeezed by creditors?

    qantas' credit rating looks to be under review and a downgrade is imminent.

    what effect would a credit rating downgrade have on vba's viability when added to the other factors that we have discussed?

    cheers
    VBA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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