PPRuNe Forums - View Single Post - Private equity take-over for Virgin Australia?
Old 17th Apr 2020, 05:38
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MelbourneFlyer
 
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Private equity take-over for Virgin Australia?

Private investors are reportedly circling Virgin Australia for a 'take-over and turn-around’ manoeuvre which could result in leaner, more competitive (but potentially domestic-only) airline

https://www.executivetraveller.com/n...uity-take-over

This doesn’t sound like the worst that could happen, in fact it might end up being just what Virgin and Australia needs. Still two airlines so still competition, but not a Virgin that’s trying to be Qantas and suffering for it. Also, being in Australian hands sounds good to me!

Last edited by MelbourneFlyer; 17th Apr 2020 at 06:16.
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