"Virgin Australia Mk II could launch in as little as three months"
You can rest assured that management bundled at least $30 million for Deloitte plus a million or so for exec team wages into the Captain's lifeboat before scarpering off to leave their trade creditors and landlords on the badly listing Costa YaShirt to fend for themselves. I guess we now have to wait weeks/months till the second creditors' meeting to see how low they ran the cash reserves before entering VA.
Last edited by MickG0105; 30th Apr 2020 at 06:55. Reason: Typo
Twiggy
Another billionaire who likes to pretend he is in it ‘for the little people’, a supporter of the average Joe. More BS. Twiggy is in it for Twiggy. The way he set up the Government to take a slap from the Chinese Diplomat at a live news conference where a Minister was speaking shows the ego, pride and audacity of these tossers. Anyone who calls themselves ‘Twiggy’ has to be a jackoff. I have more respect for Gina, at least she lets you know she is in it for herself!
I very much doubt if he gave himself the nickname “ twiggy”.
Very much an Australian thing to call someone with the name Forrest “twiggy”.
Another billionaire who likes to pretend he is in it ‘for the little people’, a supporter of the average Joe. More BS. Twiggy is in it for Twiggy. The way he set up the Government to take a slap from the Chinese Diplomat at a live news conference where a Minister was speaking shows the ego, pride and audacity of these tossers. Anyone who calls themselves ‘Twiggy’ has to be a jackoff. I have more respect for Gina, at least she lets you know she is in it for herself!
good to see tall poppy syndrome is alive and well
What I don’t understand why there is any interest at all? Airlines around the world are laying people and asking for government hand outs. I just can’t see the attraction.
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Maybe that’s why Twiggy is going so crazy about the Australian sentiment towards China at the moment. He’s lined up Chinese money behind a tilt at VA.
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Hey Sandy, After his little "Rat" attack last night, he has shown his reasons for Pro Chinese development, he wants to take Virgin with Chinese $. Fat chance now. .
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His forefather- John Forrest- was the first Premier of WA, so because he’s a young one off the family tree he is just a twig. Get it? Not a difficult concept, like”Junior “ , or “ Taddy”, or the myriad of other nicknames given to younger siblings
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Oh dear, you thought that was a snap?! My my aren’t you a conceited one. Ummm, I don’t think so mate. And I’m sorry to hear that you’re not rich. Aviation has looked after me rather well !!
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Back to the topic - there may be an interest by Forrest in VARA and the WA operation, but I can't see the attraction for the complete entity. He's not the sort of guy who would stake an operation without a guaranteed return.
It needs to be remembered that all the so called "interested parties" are just that and they will only be looking at a debt free start up using some of the assets of the carcass. So the debt has to disappear and that can only occur if the company is somehow wound up. No one is going to take a 100% haircut if the losses can be reduced to a lesser value by stopping the cash outflow now.
It needs to be remembered that all the so called "interested parties" are just that and they will only be looking at a debt free start up using some of the assets of the carcass. So the debt has to disappear and that can only occur if the company is somehow wound up. No one is going to take a 100% haircut if the losses can be reduced to a lesser value by stopping the cash outflow now.
This account has to be some kind of elaborate troll account. Nobody not not heavily on the spectrum is this self unaware.
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‘Elaborate’ is a big word for you to use das Uber Driver. Don’t go getting yourself all confused. Now, you and Chad go and find something productive to do like write down aircraft rego’s or send pen pal messages to Geoffrey Thomas.
I think there is a village somewhere looking for you kiddo.
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Back to the topic - there may be an interest by Forrest in VARA and the WA operation, but I can't see the attraction for the complete entity. He's not the sort of guy who would stake an operation without a guaranteed return.
It needs to be remembered that all the so called "interested parties" are just that and they will only be looking at a debt free start up using some of the assets of the carcass. So the debt has to disappear and that can only occur if the company is somehow wound up. No one is going to take a 100% haircut if the losses can be reduced to a lesser value by stopping the cash outflow now.
It needs to be remembered that all the so called "interested parties" are just that and they will only be looking at a debt free start up using some of the assets of the carcass. So the debt has to disappear and that can only occur if the company is somehow wound up. No one is going to take a 100% haircut if the losses can be reduced to a lesser value by stopping the cash outflow now.
