HNA selling out of Virgin

[Ollie Onion]

any truth to the rumour that HNA is trying to offload its 19.8% stake in Virgin as it ‘want to stem its losses in the investment.’

[wheels_down]

You mean stem it’s OWN losses right?

[davidclarke]

HNA has been divesting many of its assets recently. Would make sense. But would anyone want it?

[CurtainTwitcher]

The HNA group are having a global asset fire sale as they are drowning in an ocean of debt. Don't worry, somebody will be interested... at the right price

Google and click the news tab.

https://cimg3.ibsrv.net/gimg/pprune.org-vbulletin/1948x1584/screen_shot_2018_10_16_at_5_40_02_pm_52924f00a3858e1305b3272 990682f00b94b8949.png

[Berealgetreal]

Probably Singapore Airlines as part of a take over and privatisation.

[TBM-Legend]

About time Virgin took the Australian flag off their aircraft...

[Berealgetreal]

Thanks InZed.

Anyones guess in reality.

[Ollie Onion]

Wow, calm down Enzed, I got a company wide email 2 days ago with the headline that HNA was selling its stake in Virgin, I haven’t heard anything about it so thought I would ask on here as there are lots of Virgin pilots who probably can answer the question in a clearer manner than all the contradictory headlines that appear on google, I didn’t realise that trying to get a straight answer was ‘**** stirring’.

[Ollie Onion]

It was a Jetstar email on 18th October.

[porch monkey]

What makes you think the pilots at VA would know anything about it? F2ck me, they don't tell us half of what goes on in the company as it is. I find it somewhat curious that news of that type would find it's way into a Company Email to the troops. Guess I shouldn't be surprised tho.

[Mr Google Head]

More interesting than share transactions; who will be the next CEO? Place your bets.....