PPRuNe Forums - View Single Post - Virgin puts brakes on VARA
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Old 15th Mar 2014, 04:07
  #48 (permalink)  
KRUSTY 34
 
Join Date: Jan 2006
Location: Sydney Australia
Posts: 2,303
Received 9 Likes on 4 Posts
I dunno' SHVC?

Maybe something to do with the current bottom line?

Maybe something to do with initially it's all go, go, go, then everything comes to a complete stop! Hell, even the livery change on the remainder of the domestic fleet came to an abrupt end!

Think about it. How much will the expansion of VARA from the current 14 airframes to the advertised 35 cost? And I'm not just talking aeroplanes.

How much to expand TT OZ from the current 11 airframes to the planned 30? Again, I'm not just talking aeroplanes.

The $300 mil from the latest sell-off barely scratched the surface!

I've read the annual report. VA and it's entities need an enormous amount of capital to complete the advertised expansion. I'm simply posing the question...

Where will the money come from?
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