Ansett couldn't find a buyer 20 yrs ago when it was offered for $1 so why would anyone buy Virgin with a $7 billion dollar debt!?
Because there won't be 7B worth of debt. Why do you think all the unsecured creditors and bondholders are threatening legal action? They're the ones who will pay for this not the airline. How much they pay is to be decided either by an offer from the new buyer, or if they don't like that deal then from the court.