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20 buyers now circling Virgin Australia

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20 buyers now circling Virgin Australia

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Old 12th Sep 2020, 05:32
  #1141 (permalink)  
 
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Five VA 737s are leaving Brisbane for Arizona in a couple of days.
brokenagain is offline  
Old 12th Sep 2020, 07:15
  #1142 (permalink)  
 
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Other B737's aren't going anywhere just yet while the owners, lessors and engine lessors sort out the engines. Multiple engine changes coming up I hear.
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Old 13th Sep 2020, 09:10
  #1143 (permalink)  
 
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Apologies if it's already out there but loottts of posts:

When do Bain get the keys to their new investment??
Looked another way - when is the deal completed AND Deloittes walk away AND Bain owns (and is responsible for) the entity lock, stock and barrel??

Talking to a mate today, tossing ideas around he pondered if Virgin/REX could be AN/Virgin but a couple of decades later.

Until they get the keys Bain could walk away and accept their spent money as a tax loss IF IF things weren't panning out as their projections indicated.
First to say unlikely - but if anyone wants to seriously predict a certain future in Oz domestic aviation with CV19/border wars/federal Vs state tensions etc....good luck with that.

Cheers

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Old 13th Sep 2020, 09:14
  #1144 (permalink)  
 
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Originally Posted by galdian
Apologies if it's already out there but loottts of posts:

When do Bain get the keys to their new investment??
Looked another way - when is the deal completed AND Deloittes walk away AND Bain owns (and is responsible for) the entity lock, stock and barrel??

Talking to a mate today, tossing ideas around he pondered if Virgin/REX could be AN/Virgin but a couple of decades later.

Until they get the keys Bain could walk away and accept their spent money as a tax loss IF IF things weren't panning out as their projections indicated.
First to say unlikely - but if anyone wants to seriously predict a certain future in Oz domestic aviation with CV19/border wars/federal Vs state tensions etc....good luck with that.

Cheers
Last two weeks of October estimated.

$750m break fee. They ain’t walking away.
wheels_down is offline  
Old 14th Sep 2020, 23:05
  #1145 (permalink)  
 
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I think this thread is going going sold to -41 as Virgin 3.0
Turnleft080 is offline  
Old 15th Sep 2020, 09:04
  #1146 (permalink)  
 
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Originally Posted by brokenagain
Five VA 737s are leaving Brisbane for Arizona in a couple of days.
have left today. BNE-HIR already; and they’ve recently departed HIR for HNL.

JTN258/269/271/272/270.
Car RAMROD is offline  

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