PPRuNe Forums - View Single Post - 20 buyers now circling Virgin Australia
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Old 8th May 2020, 08:06
  #120 (permalink)  
Colonel_Klink
 
Join Date: Jan 2019
Location: Australia
Posts: 276
Received 39 Likes on 20 Posts
Originally Posted by krismiler
A new pay deal will be high up on the list of any potential purchaser of VA, who will want to know the exact running costs of the new entity. No one will agree to buy and start enterprise bargaining with the workforce once they take over. A 2 year agreement on similar terms to JQ is likely to be on the table and needs to be signed off before any sale goes through.
Whilst it may be high up on the list of a potential purchaser’s To Do list - it absolutely doesn’t not need to be signed off before any sale goes through - and any suggestion that it does, is a complete nonsense.
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