Why hasn't shareholders kicked JB out onto the curb yet?
To achieve the above VAH may have to be privatised.
Putting those thoughts together the low price and little being done about reassuring the markets suggests the main shareholders would be happy with a low price ready for a buy back.
Remember the institutions circling QF a little while ago?
With that said, the business is losing money every week, I am not sure private ownership would change that in any significant way.
I believe the board of Virgin Australia will have to consider re-branding the airline to widen its appeal
They have just been through that expensive process!
Let us hope there are black swan events that affect VAH.
I hope that there are not.