PPRuNe Forums - View Single Post - 20 buyers now circling Virgin Australia
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Old 5th May 2020, 12:03
  #86 (permalink)  
galdian
 
Join Date: Dec 2006
Location: australia
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So are there still 20 tyrekickers (sorry, interested parties) circling VA?
Administrator's gotta say what he administrators gotta say, bit like a house auction where bids are submitted by persons only seen by the auctioneer in the far, far distance.

More questionable financials will be discovered to a point where VA becomes untouchable. Receivership.
Individual assets may then be released (primarily from an operational perspective Tiger AOC and VARA) who can regenerate as new entities and operate, grow and employ as they see fit.
If nothing else might minimise the VA Village mentality that has proven so....interesting.

Hopefully I'm wrong, IF some consortium comes along learn from the AN experience: if it contains a component of airline experience then there's a chance SOMETHING of an airline may be possible.
IF the consortium has NO component of airline experience they will just be there to rape and pillage and turn a profit by doing so. Refer Lew and Fox and AN2, couldn't run far or fast enough after stamping their little feet.

Macquarie might invest in infrastructure but they would NEVER invest in an airline; they may be brutal but they are in any game to make money, airlines (generally) do not. However if they can rip it apart.....

Twiggy? Buy the VARA component, run primarily as a closed airline, charge a sh*tload of $$ for seats charged to the mining ops, "airline" makes money, costs used as tax losses for the mining ops and guaranteed FIFO.

Alliance? Someone slides up and suggests an investment for expansion hope they'd say "yeah, maybe....but run the alliance way and no VA Village idiots", now THAT could be viable.

Cheers.

galdian is offline