Originally Posted by
krismiler
If the new Virgin Australia wants to go head on at QF they need to do it as part of a major airline such as SQ or Air China.
Don't bring a knife to a gun fight.
What's with all this talk on the day VA goes into administration of another upcoming major capacity war? The last one that happened put VA into a decade of losses they never recovered from. For the next few years it'll be solely about survival and return to profitability in a smaller form. Given what happened last time not a single investor is going to back another exercise to burn cash, especially in the market environment that will exist for the next few years.