If I was a buyer I would not bother with the Virgin name but I guess it could save on uniforms , sign writing and literature. I think Branson will be gone and most sponsorships will be history. Looks like Singapore Air are not bidding which is a real shame.
SIA were never gonna bid considering they just basically got a government funded bailout via their parent company Temasek, on the condition from some politicians they don't spend that bailout money overseas.
Taxpayers won't be happy if the bailout money was spent overseas, especially on a money losing investment, when those dollars could've been used on fighting the 2nd round of COVID-19 infections in Singapore (along with a recently introduced heavier lockdown in Singapore pretty much killing most of SIA's revenue).
Also, SIA are overrated as investors and aren't the "so called saviour" that some people are still trying to hang onto. They've had 3 goes at the Australian Market, had full control and ownership of their 2nd go (Tiger Airways Australia), and failed dismally in all three attempts.
Like how a number of people say that VA should "stick to their knitting" of being a domestic only player. SIA should also "stick to their knitting" by operating their airline well from their home hub of Singapore and stay out of investing overseas.
3 attempts overseas in the Australian Market and failing isn't being "unlucky", it's a mixture of incompetence, ego and at times "no ticker" across the past and present SIA boards.