VA pilots worried about employment 2021

[PPRuNeUser0198]

Originally Posted by DanV2

I do have to wonder, why couldn't most of those shareholders arrange a partnership with DJ/VA without the need to take an equity stake in the first place. SQ for example was able to maintain codeshares with VS after selling their stake to DL.

I understand most of those shareholders' financial circumstances back when they started getting involved with VA were different back then (as opposed to now where they're struggling financially to stay afloat themselves).

Different times for equity partners and VA. Buying into airlines was all the rage, until it wasn't. Getting a seat on the board gives you power. Australia is a valuable market. We pay top dollar. We travel a lot. For those equity partners - they saw the benefits of traffic as well as control of the business, and associated financial gains achieved. Problem is - most equity investments have not worked out. I see Air Italy collapsed, hammering QR's investment. FlyBe and VS;s investment etc.