PPRuNe Forums - View Single Post - Bain: Virgin Australia needs to be more like Virgin Blue
Old 2nd Jun 2020, 21:23
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Des Dimona
 
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LOOKLEFT - Spot on.

All I can say to the guys and gals at Virgin is good luck if Carla gets her hands on the wheel. Most importantly, you'll have a job, but you'll also be in for quite a ride. Just watch the "consultancy" fees being extracted by Bain from Virgin. As opposed to A2 Milk, which questioned these fees, Bain itself will own the company, so wholesale transfer of funds will proceed without a problem. They'll bleed the company dry yet again and as is stated elsewhere, flog the carcass by way of a carefully orchestrated public float to recapitalise it, and then move on to the next victim.

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