PPRuNe Forums - View Single Post - Private equity take-over for Virgin Australia?
Old 22nd Apr 2020, 05:27
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hotnhigh
 
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Originally Posted by BNEA320

SO higher yielding punters, will bother with QF who nearly went belly up 7 years ago ?
You shouldn’t believe everything Alan says. A review of annual reports would illustrate.
But enough of that, virgin can and will survive. It’s a good business but leveraged beyond its current life form. Both qantas and virgin will be different. There is no short term fix. It will be a marathon, it will be painful in the extreme.
A rebalance of sorts but the status quo of rideshare will remain.
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