VA/Rex/Tiger August announcements???
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Very Curious to know where this rumour was heard! I don't see VARA introducing the Ejet anytime soon.
There is only 4 EJets remaining in Nashville and of that.......non are airworthy and the costs to get them up and running are going to cost a fortune.
There is only 4 EJets remaining in Nashville and of that.......non are airworthy and the costs to get them up and running are going to cost a fortune.
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It appears the worlds slowest and dart board imagined fleet conversion is gaining pace. Another 737 in. 5 years into the project and not even half way yet. Did the board even sign off on this madness!
Only been about 3 years, not 5. But given it was supposed to have been completed mid last year, yes, absolute madness.
Still waiting on OP's predictions.
The way I heard it was that second hand depreciated E190s will be introduced to phase out the F100 fleet but they are going to go to Alliance. VARA won't get a look in even if they're still around. Alliance basing crew and engineers in Rocky to do more flying for Virgin commencing early November.
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The way I heard it was that second hand depreciated E190s will be introduced to phase out the F100 fleet but they are going to go to Alliance. VARA won't get a look in even if they're still around. Alliance basing crew and engineers in Rocky to do more flying for Virgin commencing early November.
If not VARA, and not Alliance operating the E190s, could it be another third party with Ejets already on their AOC operating it for VA?
Last edited by VH DSJ; 30th Sep 2019 at 10:12.
With the rumours of the loss reported tomorrow sounds even more likely to me. Singapore have been waiting a loonnnggggg time wanting to get proper access to the Aussie market - I read a brief article from an aviation publication a few months ago hinting at this kind of thing which got me wondering.
Another loss coming when Qantas posts another decent profit, share price is depressed (depressing still...) so delist from ASX as minimal private shareholders, Etihad and HNA aren't exactly in a strong position themselves so primed to sell, SQ take control and rebrand Tiger to Scoot to compliment their existing brand. Seems to me it's definitely more possible than bringing back E190s 😆
In addition, SQ has a mediocre track record at equity investments. VS, NZ/AN, TT, UK (Vistara) aren't exactly glowing references of being a decent equity owner. DL or NH, while not perfect themselves, are better equity managers.
There's probably a better chance of DL or NH taking over, and that's NOT likely to happen either.
Buster that is just VUX. Which is the 6th and last one for a while now. Enters service next month
Why are some getting so worked up over the 737 conversions being slowed down, when Virgin made the highly logical (and realistically, only available) decision to delay their Max replacements, months ago..?
Last edited by TimmyTee; 1st Oct 2019 at 03:06.
Except the chance of adding more Australia - LAX flying if VA were to pull back from the route (or out of that market all together) And now they have this stake in the LATAM group, it might free up some airframes to actually be capable of doing more Australia frequency and destinations if LATAM does a bit more current Delta flying under code share agreements.
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That would mean Alliance having to put the E190 on their AOC. Who would be financing all that? I doubt Alliance would be phasing out their F100 fleet considering their acquisition of more Fokker airframes and spares recently.
If not VARA, and not Alliance operating the E190s, could it be another third party with Ejets already on their AOC operating it for VA?
On another note the lease holder of the remaining EJets has changed.
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This rumour about the "so called saviour" SQ buying out VA happens every year and it turns out to be "fake news" everytime. Considering SQ in the last two financial reports had to report VA's losses making a negative impact on SQ group's own profits, I would not be surprised if SQ actually wanted out.
In addition, SQ has a mediocre track record at equity investments. VS, NZ/AN, TT, UK (Vistara) aren't exactly glowing references of being a decent equity owner. DL or NH, while not perfect themselves, are better equity managers.
There's probably a better chance of DL or NH taking over, and that's NOT likely to happen either.
In addition, SQ has a mediocre track record at equity investments. VS, NZ/AN, TT, UK (Vistara) aren't exactly glowing references of being a decent equity owner. DL or NH, while not perfect themselves, are better equity managers.
There's probably a better chance of DL or NH taking over, and that's NOT likely to happen either.
I think you misread my post - I never said saviour, if SQ want to takeover make no mistake it will be for their interests and not Virgin's. I also never said I thought SQ would be good or great at it or whatever, just that they want to.
Remember when AirNZ wanted Mossimo gone but SQ and Etihad said No leading to the AirNZ exit? If they wanted out then was the time.
Of course who knows what may happen, but it was in print and the ducks are lining up with what was seems to have been predicted considering the announced repurchase of Velocity (bring back the best money making thing to be attractive for a buyer) and now Propstar bowing out of NZ... (remember all the Q400 markings that were painted at the airport parking bays but then never used??). Yes propstar was losing money with a product that didn't suit the regular regional domestic travellers and don't bet against the home team etc, but they stopped before being able to get to a critical mass to have a legitimate chance at things......why? Really think it was just a 'dumb early 20's graduate management decision'?
To me it still looks like Singapore/Scoot is coming and Qantas/ANZ are preparing.
I think you misread my post - I never said saviour, if SQ want to takeover make no mistake it will be for their interests and not Virgin's. I also never said I thought SQ would be good or great at it or whatever, just that they want to.
Remember when AirNZ wanted Mossimo gone but SQ and Etihad said No leading to the AirNZ exit? If they wanted out then was the time.
Of course who knows what may happen, but it was in print and the ducks are lining up with what was seems to have been predicted considering the announced repurchase of Velocity (bring back the best money making thing to be attractive for a buyer) and now Propstar bowing out of NZ... (remember all the Q400 markings that were painted at the airport parking bays but then never used??). Yes propstar was losing money with a product that didn't suit the regular regional domestic travellers and don't bet against the home team etc, but they stopped before being able to get to a critical mass to have a legitimate chance at things......why? Really think it was just a 'dumb early 20's graduate management decision'?
To me it still looks like Singapore/Scoot is coming and Qantas/ANZ are preparing.
), as none of the shareholders are expected to fund this buyback. If SQ "were actually interested", they would've funded the buyback themselves.
Despite analysts suggesting the shareholders fund the buyback, the major shareholders such as SQ, EY, HNA, etc are expected to remain "hands-off" in VA. The later two has financial problems of their own to do anything.
(Source: AFR September 16 - Title: Geoff Wilson says $700m Velocity deal highlights Virgin's value).
SQ and EY has been "Hands-off" in VA for a long while now, the later has financial issues of their own and SQ have been on record as not being happy with their VA investment for sometime now. The fact that SQ are more hands on in Vistara (also largely a loss making venture) by buying planes for them suggests that VA is NOT a priority for them.
As many (including myself) suggest on the many aviation forums across the internet, SQ aren't the "so called saviour" to an airline's financial problems when there are better equity managers out there like DL and NH.
