PPRuNe Forums - View Single Post - Virgin Australia - Phoenix Rising from the Ashes?
Old 21st Apr 2022, 04:50
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v1bang
 
Join Date: May 2010
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Originally Posted by Red69
I believe the 700’s are leased not owned. I also believe a decision is yet to be announced as to where they will end up. The decision was meant to have been made in early April.

Hopefully widebodies are on the cards too.

Meanwhile the opposition now has more debt than virgin did when it went into administration.
Seems like the staff will be waiting a long time for them to make their mind up about the future of the company! Or they’ll probably find out from the news before the company tells them anything.

I hope so too. I’d love to avoid paying Qantas fares to go anywhere out of Australia - we desperately need that healthy competition to drive the prices back down. Mind you Virgin charged a bucket load between cities when the borders opened up so who’s to say the prices will be at all cheap.

True - But Qantas have more equity and can therefore expand quicker than what Virgin can.
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