Virgin 3.1
Seriously, we have had nearly 20 posts about renaming Virgin to Ansett on the basis of a consortium that Bain is a member of buying the training business that has continued to use the Ansett name. The poster was being sarcastic but, in true web style, it has been conflated as some form of truth and then diverged into repeating arguments from 2001 when AN went under. Let's just say there is ZERO evidence that Virgin has any intention to change its name. It was an attempt at humour.
There is also ZERO evidence that the training business will be integrated at all with Virgin. It is a profitable business that counts all 4 Australian airlines as customers as well as a number of international airlines. The consortium that bought it will want to continue that profitability.
There is also ZERO evidence that the training business will be integrated at all with Virgin. It is a profitable business that counts all 4 Australian airlines as customers as well as a number of international airlines. The consortium that bought it will want to continue that profitability.
The Australian is reporting today a 2023 IPO, with Bain still holding at least half for the time being.
Last edited by PoppaJo; 27th Jan 2022 at 04:16.
There is also ZERO evidence that the training business will be integrated at all with Virgin. It is a profitable business that counts all 4 Australian airlines as customers as well as a number of international airlines. The consortium that bought it will want to continue that profitability.
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5% stake only which has very minimal (if any) influence at the table.
Oh look MM is back running airlines again. All the Virgin Alumni ending up in Canada.

https://www.piquenewsmagazine.com/na...rriers-5008619


https://www.piquenewsmagazine.com/na...rriers-5008619
She's going to get her derrière handed to her after she tries to weather a Canadian winter’s worth of de-icing bills. I think she held the door open for me at the Banff Springs hotel once. Small world.
“We're not really about targeting or taking share away from our competitors, we're actually about enticing more people to fly and growing the market," she says.
Before taking a career break just before the pandemic struck, McArthur shifted to CEO of Virgin Australia's low-cost Tigerair Australia in 2018, where she assembled a management team that achieved gender parity.
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And the arrogant and self absorbed Diederek Pen is also over there in Canuck land. Maybe Godfrey and Sherrard will turn up and it will be one big former VA/VB executive party? I hope these LCC’s have all hedged their fuel correctly as Brent crude hit $90 US per barrel a few days ago. I think it is $88 per barrel today. All you need is yet another pointless war in the Middle East and oil will crack the $100 per barrel mark again. Then we will see who the real CEO’s are.
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A recent segment on the globally acclaimed 'A Current Affair' aired a few days ago. Interesting comment made by Jayne at the 6.23 minute mark 'jobs are safe'...
https://www.youtube.com/watch?v=jNC0V5IYFXY
https://www.youtube.com/watch?v=jNC0V5IYFXY