PPRuNe Forums - View Single Post - Government Loan to Virgin Australia

2nd Apr 2020, 07:15

#19 (permalink)

Icarus2001

Join Date: Dec 2001

Location: Brisvegas

Posts: 2,874

Quote:

Do their losses stem from specific areas of the business?

The part where they fly people around on aeroplanes is the problem.

The frequent flyer scheme made money so a genius manager sold it. A slighter smarter manager then bought it back in house.

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