VPF has just taken off from SIN and is on its way to (edit: VCV) for storage. First flight under 'registered owner' UMF Bank.
Not allegedly, that was something that Deloitte achieved:737s are allegedly re-leased to VA on a fly by hour basis.
One of the two who picked up planes was AerCap who are ironically now delivering the planes back to VA. It'd be interesting to know how long this power by the hour agreement lasts or if it becomes permanent.Deloitte negotiated “power by the hour” aircraft leases; Virgin would maintain, insure and secure aircraft for no cost, but only pay for time spent in the air. Any lessor who didn’t like the new terms could pick up their aircraft. (Only two lessors picked up their planes). (Source AFR)
Money aside, and they were saying that VA1 wouldn't go into liquidation
Yes but there were also a lot of people also saying from late 2019 VA1 was in deep trouble and they doubted they were going to be able to trade their way out of it, even before Covid hit - including a couple of insiders posting on here....
A330 crews made redundant, whole lot of them. Might make a comeback as they sit on the redundancy list until 2028.basis. I wonder if other aircraft type(s) might return in a similar way, one day. What happened to the A330 tech crews, out of curiousity?