What's the purpose to list AAB? Because AAB needs a lot of money to buy planes (not paper made one). It will be easier for AAB to get facilities if AAB gets listed. It proved the statement right subsequent to the listing of AAB many years ago.
Now seem like they are facing difficulties to finance future expansion with current market sentiments.
TF & Gangs are not STUPID but yet they still want to do that way (to take loans personally to finance AAB).
Unless the company itself can't get more funds/loans from bankers, then the major shareholder will have no choice but to put in their own money into the company.
Think they look good on the future prospect? All rubbish.
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Posted by moneySIFU > 2016-04-03 23:16 | Report Abuse
What's the purpose to list AAB? Because AAB needs a lot of money to buy planes (not paper made one). It will be easier for AAB to get facilities if AAB gets listed. It proved the statement right subsequent to the listing of AAB many years ago.
Now seem like they are facing difficulties to finance future expansion with current market sentiments.
TF & Gangs are not STUPID but yet they still want to do that way (to take loans personally to finance AAB).
Unless the company itself can't get more funds/loans from bankers, then the major shareholder will have no choice but to put in their own money into the company.
Think they look good on the future prospect? All rubbish.