"Virgin Australia Mk II could launch in as little as three months"

[normanton]

• Attractive two player domestic market with proven profitability Nope, you've lost $5b
• Strong ongoing demand for domestic air travel Nope, domestic and international travel is dead
• Strategically valuable access to routes and slots in the "Golden Triangle", historically one of the most profitable operating jurisdictions globally for air travel And yet, you still lost $5b
• Highly cash generative and distinguished Velocity Frequent Flyer loyalty model, in excess of 10 million members and 90 partners 10m members? How many are active? Haven't used mine for 10 years!
• Key strategic assets and infrastructure, including aircraft, route network, airport gates/slots, built over 20 years Agreed
• Unique opportunity to 'relaunch' Virgin Australia with a sustainable capital structure post COVID-19 Yes it will be very unique.
• Strong support from government, regulators and unions - have all expressed a desire to keep Virgin flying following recapitalisation Got anything in writing?

Thats one hell of a sales pitch! Almost spilt my cup of coffee reading it.....