PPRuNe Forums - View Single Post - AFR - Virgin Administrators come under fire for doubtful forecasts
Old 6th Jun 2020, 01:47
  #119 (permalink)  
KRUSTY 34
 
Join Date: Jan 2006
Location: Sydney Australia
Posts: 2,303
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Originally Posted by Ragnor
Is that time line even achievable for a sale? Surely there is no company that could do due diligence in that tight time frame. We are not talking 10 or 20 million it’s billions on the table.
Yup! Something that just hasn’t seemed right to me from the beginning. Nearly $7billion in liabilities and virtually no market. Certainly nothing like it was before.

I’m desperately sorry for all my VA friends and colleagues, and I hope my instincts are wrong, but how do you make a small fortune in aviation?

Am I missing something?
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