I think the whole VA and JB slamming has been done to death now. We get it, it was revenge and ego. They are not the only mismanaged business around. They are undergoing a transformation from misjudgment across many categories. You don’t start to see any form of stability until a 5 years into a transformation. They are not far out of the first year.
Moving forward, it’s clear a Virgin and Qantas Mark 2 will look differently. Both will have cash reserves wipes. The government will clearly offer loans to both.
The A330s probably won’t return with Virgin. The 747 clearly either with QF.