PPRuNe Forums - View Single Post - AFR - Virgin Administrators come under fire for doubtful forecasts
Old 15th May 2020, 01:27
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Variable Incidence
 
Join Date: Jul 2011
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Devil

Originally Posted by Paragraph377
A challenge for Virgin will be any of the customers who have been stiffed by their collapse. VA risks having customers move over to Qantas as Qantas will still be seen as ‘reliable and safe’. Virgin on the other hand has a dark cloud hanging over its head. The new entity can redeem itself over time, but there will be an element of customer uncertainty for some time also. If they look after all those who have been inconvenienced they may win their loyal customers back. It is passengers that generate the big bucks so you don’t want them offside.

As for Scurrah, well he was the Captain of the ship for over a year. Captains should go down with their ships. Once things are all done and dusted and a new owner(s) is/are found there should be no need to keep ‘Mr $20k per week’ on the books. Out with pretty much anyone managerial prior to the collapse. CEO, COO, GM’s and the Board, all gone.
Oh, I know. Jane Hrdlicka would be perfect instead!
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