Originally Posted by
RodH
A truly great Airline!!!
Maybe, but a consistently badly run business that rarely made a profit and has caused the destruction of billions of dollars of shareholder and investor capital! Not sure that the unsecured bond holders about to lose all their hard earned or the investors about to take a significant haircut would agree with you either.
In my book, a truly great airline is also a consistently profitable and sustainable business for both investors and employees. Virgin has been neither and unlike most investment disclosures, past performance is the best predictor of future performance. The old model and the old team ain’t going to work IMHO!