Originally Posted by
PoppaJo
Can you explain the last bit, how do they get a larger ROI vs Virgin?
Buying a stake in REX understandably would be a much smaller upfront cost for starters
They you weigh that up against a VA investment where Bain has been running the show for a few years to dazzle a potential investor with amazing figures, in other words VA will be as good as it gets for an investor
ZL on the other hand is a somewhat fledgling jet operator with untapped potential
Grow the fleet
Add new routes
Advertise
Add FFPs
Add better lounges
Chase corporate
Etc
A bit of investment for a potentially large return and the addition of widebodies for Europe the US and Asia if ZL remains over 50% Australian owned