AN is by name only. People out there in business land will have zero brand allegiance and will travel on the airline offering the best deals. QF will not do this and
VB do not offer the product the business market wants.
VB are full as a result of charging compass like airfares. Compass went broke doing it while training crews and leasing more jets. Virgin brand awareness is still low in Oz.
AN's past means very little to smart people, as said before, it is name only.
SQ are still in the picture at AN and have big plans for the airbus fleet. AN mark III is nothing more than an SQ startup.
From a mate at a large banking institution -
VB recently defaulted on a loan for their newest NG -hence its inactivity at BN.