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Old 3rd Apr 2020, 00:06
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DanV2
 
Join Date: Sep 2019
Location: Qld
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Originally Posted by Arctaurus
Transfer 100% ownership to SQ for $1 which includes them taking the debt. VAH is folded and re launched as Tiger (already a familiar entity here).

Etihad and China don't have any capacity for funding, so they write the loss off.

Branson won't fund it in this environment, so he'll have to take a haircut as well.

Get rid of all the regionals and stick to core mainline operations with one aircraft type.
Been there done that for SQ, re Tiger Airways. SQ failed dismally and ended up selling their 50% stake to VA for $1.

SQ were also offered AN for $1 before AN filed administration and they declined. Likely will be same scenario if SQ were offered VA for $1 (5B debt and all).

Edit: Also, if SQ couldn't make their three attempts at the Australian market work (Strike 1: Air New Zealand/Ansett, Strike 2: Tiger Airways and Strike 3: Virgin Australia), especially when SQ had full management control of Tiger Australia, what makes people think SQ could make a 4th attempt work?

SQ are not much better than EY when it comes to investments. Mediocre at best, when compared to EY which are largely failures.

Last edited by DanV2; 3rd Apr 2020 at 02:36.
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