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Old 9th June 2008 | 16:29
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PC767
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Joined: Nov 2007
: ATPL
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From: Between a rock & a hard place.
The picture will change but the names may not. In particular I'm interested in Virgin, (Benny Hill pause!).

They are not part of any alliance and it is assumed are stagnating at present as Singapores 49% ownership is on the market as they have decided it is an under-performing investment.

It is a fabulous company, well marketed and presented with a good customer base, particularily in Upper Class. But just like BA when the cash cow premium atlantic traffic drys up, (as it is starting to do at present with the US reccession taking hold) and oil continues its speculative rise upwards where does it go? It cannot be allowed to die so will ownership change?
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