Wikiposts
Search
Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

HNA selling out of Virgin

Thread Tools
 
Search this Thread
 
Old 16th Oct 2018, 03:22
  #1 (permalink)  
Thread Starter
 
Join Date: Mar 2012
Location: Dark Side of the Moon
Posts: 1,443
Received 222 Likes on 77 Posts
HNA selling out of Virgin

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.’
Ollie Onion is offline  
Old 16th Oct 2018, 04:25
  #2 (permalink)  
 
Join Date: Apr 2010
Location: Asia
Posts: 1,030
Likes: 0
Received 0 Likes on 0 Posts
You mean stem it’s OWN losses right?

wheels_down is offline  
Old 16th Oct 2018, 05:25
  #3 (permalink)  
 
Join Date: Mar 2010
Location: Sydney
Posts: 189
Received 113 Likes on 31 Posts
HNA has been divesting many of its assets recently. Would make sense. But would anyone want it?
davidclarke is offline  
Old 16th Oct 2018, 06:47
  #4 (permalink)  
 
Join Date: Jul 2014
Location: Harbour Master Place
Posts: 662
Likes: 0
Received 0 Likes on 0 Posts
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.

CurtainTwitcher is offline  
Old 16th Oct 2018, 12:18
  #5 (permalink)  
 
Join Date: Mar 2013
Location: Doomagee
Age: 11
Posts: 721
Likes: 0
Received 1 Like on 1 Post
Probably Singapore Airlines as part of a take over and privatisation.
Berealgetreal is offline  
Old 16th Oct 2018, 21:07
  #6 (permalink)  
 
Join Date: Feb 2002
Location: NSW
Posts: 4,288
Received 39 Likes on 30 Posts
About time Virgin took the Australian flag off their aircraft...
TBM-Legend is online now  
Old 17th Oct 2018, 09:10
  #7 (permalink)  
 
Join Date: Mar 2013
Location: Doomagee
Age: 11
Posts: 721
Likes: 0
Received 1 Like on 1 Post
Thanks InZed.

Anyones guess in reality.
Berealgetreal is offline  
Old 18th Oct 2018, 00:35
  #8 (permalink)  
Thread Starter
 
Join Date: Mar 2012
Location: Dark Side of the Moon
Posts: 1,443
Received 222 Likes on 77 Posts
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 is offline  
Old 18th Oct 2018, 08:34
  #9 (permalink)  
Thread Starter
 
Join Date: Mar 2012
Location: Dark Side of the Moon
Posts: 1,443
Received 222 Likes on 77 Posts
It was a Jetstar email on 18th October.
Ollie Onion is offline  
Old 18th Oct 2018, 23:07
  #10 (permalink)  
 
Join Date: Jun 2007
Location: deepest darkest recess of your mind
Posts: 1,017
Likes: 0
Received 0 Likes on 0 Posts
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.
porch monkey is offline  
Old 20th Oct 2018, 00:09
  #11 (permalink)  
 
Join Date: Aug 2018
Location: Not far away
Posts: 63
Received 2 Likes on 1 Post
More interesting than share transactions; who will be the next CEO? Place your bets.....
Mr Google Head is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.