Many forget that JB has saved VA. IT was a LCC that was floundering. It has taken lot of time, effort and cash to transform it into a full service airline.
Mistakes include some issues with fuel hedging and perhaps some poor fleet choices. Some of these issues he inherited.
SQ owned 49% of VS. Do you really think they have the required $1B to invest in VA? Both SQ and EY are busy with their own issues
Who is hiding in the bushes. DELTA. They already bought SQ's 49% of VS. VX is on the market (as of last week)
Watch out for the Delta controlled Virgin Airline Group. Cashed up and ready to pounce