....1. Fix TT now or close it down...
Of all of these owners of Virgin - I can only see DL as being competent and profitable enough to do anything meaningful, SQ and NZ have had their chances and choked, the HNA and EY groups are disaster areas and their days are limited.
How do you 'fix' an airline that previously was shocking (the CASA reference), then became good and now is bad again?
Maybe you are a little unfair re SQ. After all it's the world's best airline, and while its level of profitability swings markedly, we ought remember it doesn't have the luxury of a domestic operation with only one other airline group against which it competes.
Some of these major Asian city pairs, while very busy, have four or five distinct airline groups competing.
SIN - MNL is one example: 3K, 5J, PR and SQ/TR. SIN - CGK has 3K, GA, ID/JT, QZ and SQ/TR.
SIN - BKK has 3K, FD, SQ/TR, SL and TG.
So irrespective of its past reticence re VA, let's give SQ - a great airline - some credit. After all apart from its flights to SIN (thank you dajop), Australia is its largest overall market (though SIN - CGK is its busiest single route).