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27th Jun 2020, 01:04
Replies: 1,240
Views: 359,658
Posted By Forced Labor

I would have thought the AOC would be lost if the...

I would have thought the AOC would be lost if the company is liquidated, hence that really should not be an option :confused:
26th Jun 2020, 23:22
Replies: 1,240
Views: 359,658
Posted By Forced Labor

Do we take that to mean that liquidation will be...

Do we take that to mean that liquidation will be the result if the DOCA fails both tests (Value and number) and Bain picks up assets at agreed prices - In that scenario, how is the AOC managed ?
...
26th Jun 2020, 22:50
Replies: 1,240
Views: 359,658
Posted By Forced Labor

This is worth quoting in full from the AFR...

This is worth quoting in full from the AFR yesterday:
11th Jun 2020, 03:55
Replies: 1,240
Views: 359,658
Posted By Forced Labor

No mate - she's pretty right anytime after 3 pm...

No mate - she's pretty right anytime after 3 pm for the tennis most days of the week. At a pinch, she might also be able to knock off some tennis stuff before 9 am.

Good luck with that one.
19th May 2020, 22:44
Replies: 1,287
Views: 485,866
Posted By Forced Labor

Spot on - Deloittes will have to be very careful...

Spot on - Deloittes will have to be very careful with this one - I would not be surprised if they walk away (read call in the receivers) if there is even a sniff of running beyond the limited cash...
28th Apr 2020, 08:20
Replies: 275
Views: 93,314
Posted By Forced Labor

Don't know about the final one, but Deloitte is...

Don't know about the final one, but Deloitte is set to make at least $ 35 million from Virgin.
27th Apr 2020, 02:13
Replies: 275
Views: 93,314
Posted By Forced Labor

B772 - I think you are way off the mark....

B772 - I think you are way off the mark. Suppliers are able to refuse supply. The only exceptions are contained in the reference above.



Creditors most certainly can decide on a course of...
20th Apr 2020, 00:17
Replies: 1,287
Views: 485,866
Posted By Forced Labor

As was said above, administration is probably the...

As was said above, administration is probably the only way that debt can be quarantined. But that may be the end of the Virgin brand in Australia.
17th Apr 2020, 22:13
Replies: 1,287
Views: 485,866
Posted By Forced Labor

There is no way the Australian government should...

There is no way the Australian government should allow a majority Chinese government owned company to invest here in the future.

But this may have all been overtaken by the news that the QLD...
17th Mar 2020, 21:51
Replies: 75
Views: 29,492
Posted By Forced Labor

Just to make sure everyone understands what the...

Just to make sure everyone understands what the "nearest suitable airport" means - it's also time to get to a suitable airport and not just the distance.

For example - overhead an airport at FL...
16th Mar 2020, 06:56
18th Dec 2019, 18:59
Replies: 71
Views: 33,857
Posted By Forced Labor

Does SOAR Aviation allow RA AUS pilots to fly VH...

Does SOAR Aviation allow RA AUS pilots to fly VH registered aircraft ? Is it legally possible for this to occur ?

This pilot has suffered very severe injuries - the specific details are best not...
14th Dec 2019, 18:46
Replies: 71
Views: 33,857
Posted By Forced Labor

When is CASA finally going to pull the AOC of...

When is CASA finally going to pull the AOC of this organisation.
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