PPRuNe Forums - View Single Post - Singapore buys another 10% of Virgin
View Single Post
Old 28th Apr 2013, 05:34
  #7 (permalink)  
KRUSTY 34
 
Join Date: Jan 2006
Location: Sydney Australia
Posts: 2,303
Received 9 Likes on 4 Posts
OK, back on topic.

Probably a given that VA would need to go looking for investment given the enormous expense required to bring the ATR fleet up to the now projected 35 aircraft, and the huge amount needed to produce a profitable TT OZ.

Something to bare in mind though, some of the players are coming close to the ownership minimums required for a takeover bid! It may be all hugs and kisses at the moment, but the price to pay for all this cash (still well short of what's required I might add) seems to be the risk of a loss of control.

On the subject of TT, if VA choose simply redeploy the existing fleet off the trunk routes and onto the leisure market, at least for the short to medium term, then I think it's safe to say that a movement to profit for that entity, may be some time off.

Challenging times indeed.
KRUSTY 34 is offline