PPRuNe Forums - View Single Post - AFR - Virgin Administrators come under fire for doubtful forecasts
Old 18th May 2020, 06:26
  #53 (permalink)  
B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,394
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The latest news from Sand Pit is disturbing. Rumours of Etihad folding and Emirates downsizing with the majority of the A380's being mothballed and staff being reduced by 30,000. This will make the administrators role to get as much as they can out of Virgin to satisfy the creditors difficult. The administrator is saying there will be no Virgin retrenchments is hilarious and Virgin flight credits honored post administration even more hilarious.
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