Buying shares in an airline that has gone bust twice already...... especially when being sold by private capital!Ok now we get to the Bain Capital offer of Virgin Air shares. Looks like they will try to do it in stages so the first stage could be attractive. This is not financial advice……
How much debt is it going to hold after IPO and where is the capital for any expansion going to come from (assuming it can get the airframes.)especially when being sold by private capital!
But for how long? Although the cuts haven't been passed onto pax so profit making at the moment unless hedged too much.Well @Quickstatus we have to wait for the prospectus offer.
Should be a good read as Virgin have really simplified their business. Fuel today is much cheaper too.
Yes, but if the product is a bit iffy, people will prevaricate.Seems like IPO will be decided in the next 24-48 hours according to some outlets so I’d say we will hear more later this week.
Feels like this process has been going on for a million years.
That's hardly a management stategy to rely on!Fuel today is much cheaper too.
Especially when the IPO proceeds go to the major shareholders instead of the business.never buy private equity's "restructured" business.
Yes, but if the product is a bit iffy, people will prevaricate.
How much debt is it going to hold after IPO and where is the capital for any expansion going to come from (assuming it can get the airframes.)
Especially when the IPO proceeds go to the major shareholders instead of the business.
The question implies that the current shareholders think things will go down so they are unloading them. In this case because it’s private equity it was always in their business plan to exit the business via a trade sale or a float. The IPO has been delayed firstly due to unfavourable market conditions and secondly I think due to the fact that it’s been very profitable for Bain to hang onto the company so they haven’t been in any hurry. But they have to go sometime and it's just a matter of how greedy they are on their way out.If the major shareholders are selling why should I buy?
Barring another Pandemic or two (or similar).Who we have operating now is probably who we will have in 20 years.
International will always be at risk but I think the ship has sailed for local (domestic) lockdowns or border closures, I’d say mass civil unrest would follow if government here tried that again.Barring another Pandemic or two (or similar).
Except we have signed on to the WHO Pandemic treaty which has lockdowns +/- border closures as possibilities. Australia won't be the only country where the citizens rebel.International will always be at risk but I think the ship has sailed for local (domestic) lockdowns or border closures, I’d say mass civil unrest would follow if government here tried that again.
Some of the Virgin Australia crew have been applying for the secondment program (temporary transfer to Qatar Airways) to 'gain experience' on the widebodies.VA need to stick to domestic (and short haul intl)
The DOH flights are pretty low risk as it’s essentially QR taking all the risk but let’s hope they don’t have more intl wide body plans. Pre covid VA chopped and changed so many intl routes (apart from LAX) nothing worked.