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-   -   Shareholder revolt looms at VA (https://www.pprune.org/australia-new-zealand-pacific/610332-shareholder-revolt-looms-va.html)

TBM-Legend 23rd Jun 2018 10:59

No longer an Australian airline. They should be made to take the Australian flag off their aircraft...

Ken Borough 23rd Jun 2018 11:07


Originally Posted by TBM-Legend (Post 10179886)
No longer an Australian airline. They should be made to take the Australian flag off their aircraft...

:D. :D

And stop the pretence that the international arm is an Australian carrier. It's a ludicrous but apparently legal farce.

virginexcess 23rd Jun 2018 12:59

Article implies etihad may sell shares. If investor has SQ, Branson and Etihad aligned, that is more than 50% of shares. Doesn’t matter what EB thinks or wants, she will be irrelevant. Boards are in place to represent shareholders, not tell them what they can and can’t do.if a majority of shares want a particular outcome then the board would be powerless to stop them. The board can tell the CEO what to do ( theoretically) but it cant tell the shareholders what they should do.

if this shareholder revolt is successful, the current board is history. It cannot be a coincidence that this story surfaces a week after JB effectively resigns. I’m betting there is an in principle deal in place and JB is a dead man walking.

The Bullwinkle 23rd Jun 2018 13:29


I’m betting there is an in principle deal in place and JB is a dead man walking.
I hope you’re right!
It just annoys me that if he walks out the door early, his payout will probably be more than enough to buy a dozen McLaren’s.

hoss 23rd Jun 2018 22:57

JB and Elizabeth Who - haven’t they already left.

5% - probably Aeroflot this time.

Australian flag - didn’t notice one on the last walk around.

ps. Is the virgin pilot forum offline? I can’t login.

SHVC 23rd Jun 2018 22:58

You all have it wrong, it will be Merrin McArthur!

No Idea Either 23rd Jun 2018 23:03

Hoss

Offline for an upgrade I believe.

The Bullwinkle 23rd Jun 2018 23:22


Originally Posted by No Idea Either (Post 10180332)
Hoss

Offline for an upgrade I believe.

Could just be a conspiracy theory, but it’s interesting that the Virgin Pilot website went offline moments before the JT story was published in The Australian, and just as the push for JT to return was gathering momentum on that site.
Perhaps there is some truth in the rumour that the website is now being run by management.

TBM-Legend 23rd Jun 2018 23:34

Take a look at the 100% Virgin Oz Tiger Airlines clunkers..

virginexcess 23rd Jun 2018 23:51


Originally Posted by SHVC (Post 10180329)
You all have it wrong, it will be Merrin McArthur!

if the revolt fails, I reckon you’ll be right. You’d be brave to bet against Borghetti getting his way. To me he makes Macchiavelli look like an amateur.

hoss 24th Jun 2018 02:26

Fair point TBM, I think that was after they cut the cake then played ‘pick a flag out of the hat’ up at the village. Pure coincidence.

Snakecharma 24th Jun 2018 02:41

SHVC, I reckon it will be a “sharp” pick whomever gets the gig.

Buster Hyman 24th Jun 2018 03:47


Originally Posted by hoss (Post 10180328)
Australian flag - didn’t notice one on the last walk around.

Need to pay more attention I reckon... :p

https://cimg1.ibsrv.net/gimg/www.gmf...057fbd3003.jpg

havick 24th Jun 2018 03:49


Originally Posted by Buster Hyman (Post 10180410)
Need to pay more attention I reckon... :p

https://cimg1.ibsrv.net/gimg/www.gmf...057fbd3003.jpg

mic drop..

JPJP 24th Jun 2018 04:27


Originally Posted by havick (Post 10180412)


mic drop..

Ehh. A real Mic drop would be the appearance of the letter ‘t’ - inserted between the ‘a’ and ‘c’ on the day after JB departs the pattern with another bag full of gold.

:suspect:

hoss 24th Jun 2018 04:32

Wrong colours.... anyway, I was admiring her figure and making sure the mud wasps weren’t looking for a new home ;)

Nothings worse than a bust covered in wasps!

On Guard 24th Jun 2018 06:07

Could someone start a petition to the board for JT. Sounds like 90% of the staff want it. Would we dare put are names in it and face JBs wrath?

Servo 24th Jun 2018 07:14


Originally Posted by On Guard (Post 10180458)
Could someone start a petition to the board for JT. Sounds like 90% of the staff want it. Would we dare put are names in it and face JBs wrath?

What wrath? He is leaving. Made his mark, made some money and going.

There are idea's being floated with regards to JT. Hopefully they come to fruition.

SHVC 24th Jun 2018 07:50

Has JT ever been at the helm of a large company? to my knowledge he has only ever been a consultant. big difference between the two!

PoppaJo 24th Jun 2018 09:32

I think that was mentioned earlier in this thread in regards to lack of expertise.

Either way way you can forget JT as long as EB is there. She ain’t gonna hire him when she fired him!


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