Originally Posted by
MickG0105
The employees, by virtue of numbers, can block any proposed Deed of Company Arrangement. They are the only creditor grouping with that power. Don't think for a moment that the unions do not understand that. They will have a big say in terms of which way this swings. Why do you think BGH were handed their hat?
Pinnacle Airlines in the US. They emerged from Chapter 11 as Endeavour Air.
The brand would not be in the top 4 reasons for trying to resurrect VA leave alone being the primary reason. You only need to ask the question, 'Everything else being equal, if it wasn't called Virgin Australia would there be as much interest?'
the primary reasons for the purchase of Virgin are for the footprint it occupies. The slots. The terminals, the gates, the facilities. All barriers to entry into the Australian market for a new player.
It could/will be called whatever they like.
The rest is academic.