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
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