Comment by lmilcin
5 years ago
I am not so sure. What about funding? Any move like that is going to cost a huge amount and this is risky proposition at a time when it is not exactly known what the future of the industry is going to be.
5 years ago
I am not so sure. What about funding? Any move like that is going to cost a huge amount and this is risky proposition at a time when it is not exactly known what the future of the industry is going to be.
There is definately that. I wonder if it helps though: if you're raising/borrowing/getting given 10bn to stay open, how hard is it to get another 1bn for plant re-arrangement or new software? It's all part of your efficiency savings, return to profitability plan right?