PPRuNe Forums - View Single Post - Virgin Australia - Phoenix Rising from the Ashes?
Old 11th Jun 2022, 07:06
  #84 (permalink)  
Red69
 
Join Date: Apr 2022
Location: Aus
Posts: 69
Received 38 Likes on 13 Posts
It didn't seem to help them when they had management racking up debt like no tomorrow and paying stupid amounts of money for aircraft leases. These are simply some of the busiest routes in the world. If you have competent management who manage their yield, it's simply a cash cow. Without the triangle, VA would have gone into administration a long time before covid.
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