Virgin Australia - Phoenix Rising from the Ashes?
They are going back to the states they are not coming back. Likely to be parted out.
Last flight March 2020. I pity the engineers who have deal with them. Probably landed in BNE with a million problems after only a 25 min flight.
Last flight March 2020. I pity the engineers who have deal with them. Probably landed in BNE with a million problems after only a 25 min flight.
no the flight is to keep it in “a sellable condition” according to new reports
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I don’t think anyone would touch them regardless. 2 years plus parked with little engineering. 5 years left before hitting the scrap heap. The cost to get each ops ready would be $10m+ each, to then flog off for some lowball lease offer. Then the good fun of unexpected engineering surprises in the years following. Just pull it apart.
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I don’t think anyone would touch them regardless. 2 years plus parked with little engineering. 5 years left before hitting the scrap heap. The cost to get each ops ready would be $10m+ each, to then flog off for some lowball lease offer. Then the good fun of unexpected engineering surprises in the years following. Just pull it apart.
The financier is likely to get more $$ by sending the aircraft to the scrappers.
From The Australian June 10:
I'm betting not too many of the bond holders will be investing in the hope of recouping their losses.
Jayne's popular in the same paper this morning:
Is Jayne Hrdlicka a bully? The evidence is thin.
Virgin Australia chief executive Jayne Hrdlicka says the airline has returned to profitability and is considering listing on the ASX as early as next year.

Jayne's popular in the same paper this morning:
Is Jayne Hrdlicka a bully? The evidence is thin.