PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Australia, New Zealand & the Pacific (https://www.pprune.org/australia-new-zealand-pacific-90/)
-   -   20 buyers now circling Virgin Australia (https://www.pprune.org/australia-new-zealand-pacific/632035-20-buyers-now-circling-virgin-australia.html)

brokenagain 12th Sep 2020 05:32

Five VA 737s are leaving Brisbane for Arizona in a couple of days.

TBM-Legend 12th Sep 2020 07:15

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.

galdian 13th Sep 2020 09:10

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:ok:


wheels_down 13th Sep 2020 09:14


Originally Posted by galdian (Post 10884148)
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:ok:

Last two weeks of October estimated.

$750m break fee. They ain’t walking away.

Turnleft080 14th Sep 2020 23:05

I think this thread is going going sold to -41 as Virgin 3.0

Car RAMROD 15th Sep 2020 09:04


Originally Posted by brokenagain (Post 10883511)
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.


All times are GMT. The time now is 06:35.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.