PPRuNe Forums - View Single Post - AFR - Virgin Administrators come under fire for doubtful forecasts
Old 15th May 2020, 10:39
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B772
 
Join Date: Aug 2000
Location: International
Age: 76
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Now that the initial offers of interest has closed expect to hear rumours from parties that have walked away. One rumour from a party given access to the data room was that Virgin airfares would need to increase by 40% for the airline to be financially viable. The party lost interest upon reaching this conclusion after accepting the fact the new airline would be attacked by both Jetstar and Qantas.
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