Originally Posted by
Icarus2001
It would depend on what your strategy is surely? If you want a single type Australia wide airline, like Virgin Blue used to be, then sell the profitable VARA business unit by all means.
However while VARA holds the AOC, virgin holds the contracts. The wider RPT network connects those FIFO workers to that Fokker heading to the mine.
Alliance and Rex have been capital raising getting ready. It’ll be snakes and ladders over the next year or so.