Originally Posted by
Blue Skies
Interesting listening to Gregg Foran being interviewed on radio this afternoon.
After stating AIR could not afford to refund all the pre paid travel, he was asked that exact question, i.e. are you avoiding refunds so AIR will not have to dip into the $900 M Govt loan?
His rather shocking reply was, No, even without the refunds, AIR forecasts show they will be using that loan within a couple of months & will need all of it.
That must come as a bit of a shock to anyone who is still investing in AIR.