Originally Posted by
MelbourneFlyer
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!
Yes agree their best bet at survival it will seem, though will still involve a lot of fleet and susbequent jobs (both direct and indirect) being shed in any re-launch.