Godfrey was a bit evasive when answering the question on V financing:
Asked whether the present situation was likely to delay or stop the launch of long-haul offshoot V Australia and stop the company from obtaining finance for a new fleet of Boeing 777 aircraft, Mr Godfrey replied: "The only thing that will affect the ability to get finance for 777s is the state of the financial market, not the share price of Virgin Blue."
Fortunately LIBOR rates keep falling which indicates credit is thawing - delay from boeing strike might be a blessing in disguise.
VBA Price at posting:
23.2¢ Sentiment: None Disclosure: Held
