VBA 0.00% 35.5¢ virgin blue holdings limited

virgins rough landing, page-25

  1. 1,456 Posts.
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    Further to VBA holding $800 mil in cash, if they stuck that into bonds or even some other interest bearing account only earning 4% interest, thats $32 mil per year, surely that covers debt payments ?

    Actually come to think of it, why dont they just stop flying planes and just live of the interest!
 
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