Virgin 2.0 to swap A330s and B777s for Boing 787s

[MelbourneFlyer]

"Latest reports on the shape on 'Virgin 2.0’ say the administrator's vision for the new airline includes replacing its six Airbus A330s (all leased) and five Boeing 777-300ERs (one leased, four owned) with eight Boeing 787 Dreamliners"

https://www.executivetraveller.com/n...lia-boeing-787

This was on the cards anyway, well not the B787s of course, but JB talked several times about moving to a single type, Paul Scurrah was also known to want out of the A330 leases and get rid of the A330 anyway, so moving to that single type would also have been part of his plan. It really sounds like the administrators are simply presenting Scurrah's plan to the bidders, what with Deloitte's earlier comments about keeping LAX and Tokyo, keeping most of the fleet and most of the employees.

[normanton]

It's all lollipops and rainbows.

International is dead for a long time.

[The Bullwinkle]

JB talked several times about moving to a single type

Yes, he did a lot of talking..............

[A320 Flyer]

With all the good news I keep reading about Virgin Australia, I Hope Qantas go into administration too. That way we’ll get the rest of those 50 odd 787s planned and those sunrise aircraft too...... 😏

[Denied Justice]

A330s and 777s for 787s:

Fantasy land - That will never happen

[compressor stall]

Tell 'em they're dreaming.

[machtuk]

Thank God for PPRuNe cause ya couldn't dream this shit up if ya tried!

[Plastic787]

Boing boing

[Popgun]

Oh God, just let it die or do the humane thing and euthanise!

More people will be assisted in to a sustainable future if the nonsensical fantasy of Virgin 2.0 is abandoned.

Let it die. There will be pain and grief. Many of the former employees will have a more secure (but lower salary) future in the more lean and competitive organisation.

PG

[ozbiggles]

It has been the dream plan for over 5 years now. It is probably dead in the water for a long time. It has just been dug up by slack arse journos who need to try and fill a few column inches. If you believe everything in the ‘aviation’ news at the moment I have an airline to sell you.

[ABP]

This is simply a proposal from Deloitte to bidders of their view of VA moving forward for maximum benefit. B787 leases will be cheap now due to airlines wanting to cancel their orders. 1x B777 and 6x A330s are leased. Administraton allows for these leases to be cancelled. International travel won't occur properly until 2021, giving VA the time it needs for this fleet replacement should it occur. The efficiencies of one aircraft type that's efficient and had maintenance benefits will outweigh parking 4 owner B777s? Medium-long term, this is a good potential. I don't think it's unreasonable that this will occur. VA's long haul is only a handful of aircraft compared to Qantas. Depsite a slow recovery, it won't take as long for VA to get to full capacity, with some widebody for Perth perhaps too and potentially other destinations.

[Buttscratcher]

That's so cute!
but I think they actually need a solid plan for the future of Virgin, not tunes from Frozen.
Let's bookmark this page for this time next year; come back and marvel at the simple elegance of a hope eternal.

[LostWanderer]

Originally Posted by ABP

This is simply a proposal from Deloitte to bidders of their view of VA moving forward for maximum benefit. B787 leases will be cheap now due to airlines wanting to cancel their orders. 1x B777 and 6x A330s are leased. Administraton allows for these leases to be cancelled. International travel won't occur properly until 2021, giving VA the time it needs for this fleet replacement should it occur. The efficiencies of one aircraft type that's efficient and had maintenance benefits will outweigh parking 4 owner B777s? Medium-long term, this is a good potential. I don't think it's unreasonable that this will occur. VA's long haul is only a handful of aircraft compared to Qantas. Depsite a slow recovery, it won't take as long for VA to get to full capacity, with some widebody for Perth perhaps too and potentially other destinations.

Scotty from marketing said Oz likely won't fully reopen for international travel til next year sometime, but the actual recovery is going to go well into 2025 or beyond is the general consensus.
Maybe the administrators have information that we don't showing something different, but even at cheap rates, buying/leasing a bunch of 787's when you (theoretically) don't have any idea when demand will return seems like its playing into severe danger. I believe it's safe to say domestic will recover far quicker than international, I'd be focusing on getting into a strong position there before heading into spending money on a fleet of new long haul jets. Losing 1x 777 and the A330's would actually be closer to "right sizing" the airline in some respects.

Up side to the plan is, as pointed out is leases/list prices are going to be dirt cheap. And the type rating from my understanding is either the same or only requires a very small amount of differences training. But even still, leasing or buying jets that don't fly or fly empty is still going to be a huge loss maker.

Now if this fabled second wave hits and a vaccine is as far off as they are saying it could be, if ever...well, it's almost too depressing to think about the impact it will have on the flying public. Won't just be VA in administration in that case.

[Ragnor]

Originally Posted by LostWanderer

Now if this fabled second wave hits and a vaccine is as far off as they are saying it could be, if ever...well, it's almost too depressing to think about the impact it will have on the flying public. Won't just be VA in administration in that case.

There will be a second wave, if you think there won't be well you're just as delusional as Deloitte and PS thinking that everything is A OK and business as usual because QLD gov are to the rescue. The difference now is the general public are educated on the virus for instant how many here clean their hands every time they see a bottle of sanitizer or are more conscious of rubbing their own face I know I do people wearing mask etc, hygiene practice is far higher now so the spread could be contained as compared to when it first broke out.

[InZed]

People are looking past the fact that Virgin actually OWNS four 777s (and an A330)!

In this market of cheap gas + no one wanting/needing extra capacity, it is hard to see how they will be able to offload them.... The article is BS and a classic ExecTraveller hype article with zero substance.

[Rashid Bacon]

The 777s without large cargo doors are virtually worthless - they have very little capital value.

[foam]

Originally Posted by MelbourneFlyer

JB talked several times about moving to a single type, Paul Scurrah was also known to want out of the A330 leases and get rid of the A330 anyway, so moving to that single type would also have been part of his plan.

Single Type? What kind of nonsense is this you speak of?




Was around 2004-2005 when Brett Godfrey was giving one of his staff roadshows, I was in the crew room with the rest of the staff listening to him as he was extolling the virtues of single type. One of his statements was "as long as my bum is in this seat (referring to the CEO position), Virgin Blue would only ever be a single type operator"...

Wasn't too much later, the E180's started showing up, then the tripler, dirty 330, ATR's, Fookers, even 320's... So much for single type!!!

[BNEA320]

Originally Posted by normanton

It's all lollipops and rainbows.

International is dead for a long time.

yes it will probably be a month before TT flights resume on a regular basis. NZ is talking about YVR to start soon, so you'll be able to fly Australia/AKL/YVR in couple of months & maybe SFO & LAX month after that. It should be noted that flights within USA have not been restricted at all, just less flights, but some are rather full. Announcements about having to wear masks, but these are not being enforced.

So my bets for regular passenger flights (without any quarantine) are:-

OZ domestic - 1 JUNE or maybe intrastate only ?
TT-1 JULY
CANADA-1 AUGUST
USA-1SEPT

What dates are you all betting on ?

[BNEA320]

Originally Posted by ABP

This is simply a proposal from Deloitte to bidders of their view of VA moving forward for maximum benefit. B787 leases will be cheap now due to airlines wanting to cancel their orders. 1x B777 and 6x A330s are leased. Administraton allows for these leases to be cancelled. International travel won't occur properly until 2021, giving VA the time it needs for this fleet replacement should it occur. The efficiencies of one aircraft type that's efficient and had maintenance benefits will outweigh parking 4 owner B777s? Medium-long term, this is a good potential. I don't think it's unreasonable that this will occur. VA's long haul is only a handful of aircraft compared to Qantas. Depsite a slow recovery, it won't take as long for VA to get to full capacity, with some widebody for Perth perhaps too and potentially other destinations.

think TT flights will get back to some sort of normal by 1 July. Then Canada maybe month later, then USA maybe month after that.

Surely V2 will be only B738s ?
No A330s, No B777s flying, but will they be able to sell the 4 x B777s. No A320s, no F100s. What about ATRs ?
If Rex go ahead, I think they will be flying ex VA 738s, with ex VA crews & other VA staff.

[rmm]

OZ domestic - 1 JUNE or maybe intrastate only ?
TT-1 JULY
CANADA-1 AUGUST
USA-1SEPT

What year are you talking about? Your off with the fairies on the USA. Approaching 1.5 million cases and growing.
This will only accelerate once all republican states open up fully.