What is Virgin Australia's strategy (post-administration)?

[anat0l]

They do need a buyer, if no takers, well...?
I mean, bravo that Bain bought it, and didnt change anything to a major degree, but what happens if no one buys it?

Bain keeps holding onto something that can't pay to give away?

SRB comes to the rescue?

 

[elanshin]

They do need a buyer, if no takers, well...?
I mean, bravo that Bain bought it, and didnt change anything to a major degree, but what happens if no one buys it?

It becomes cheaper and cheaper if Bain was desparate to sell until a buyer is found. At some point it becomes cheap enough that someone will take a shot.

If it really becomes a situation that Bain has to pay someone to buy it (and VA shouldn't be in that bad of a state) then they let it collapse.

 

[elanshin]

On another note, has anyone else noticed the extremely aggressive push for more loyalty engagement. There's been some offers lately that would make it seem almost like they're desparately buying more loyalty engagement (whether that's points offers, status offers, mix of both)

 

[33kft]

It becomes cheaper and cheaper if Bain was desparate to sell until a buyer is found. At some point it becomes cheap enough that someone will take a shot.

AFF airlines, anyone?

 

[levelnine]

On another note, has anyone else noticed the extremely aggressive push for more loyalty engagement. There's been some offers lately that would make it seem almost like they're desparately buying more loyalty engagement (whether that's points offers, status offers, mix of both)

It feels like they're playing catch-up to Qantas in the banking space. Historically, they had no where near as many credit card sign-up offers as Qantas, but in the last 6-9 months the tables have turned.

 

[HS-TQE]

Bain keeps holding onto something that can't pay to give away?

SRB comes to the rescue?

RB taking full ownership is as likely as a "Singapore TAEK OVAH of VA !!!111"

It becomes cheaper and cheaper if Bain was desparate to sell until a buyer is found. At some point it becomes cheap enough that someone will take a shot.

If it really becomes a situation that Bain has to pay someone to buy it (and VA shouldn't be in that bad of a state) then they let it collapse.

Considering the News Corp rags has reported in the paywall articles that VA has made $236million 'profit' in 2H 2023, suggests VA are not "that bad", but still plenty of room for improvement financially.

But far from getting any serious interest from any parties in any potential "trade sale"

 

[elanshin]

It feels like they're playing catch-up to Qantas in the banking space. Historically, they had no where near as many credit card sign-up offers as Qantas, but in the last 6-9 months the tables have turned.

Maybe this is the strategy. Try to inflate the books massively with the loyalty branch.

You can cook the books quite a bit with loyalty vs flying where the revenue, forward booking, operating costs etc are all very well figured out and forecastable.

 

[buggy00]

There will be new and exciting partnerships announced soon.

give us a lil tease Hopefully it's a partnership with more airlines HAHA

 

[Must...Fly!]

VARA is looking to get Capex approval for A220 or E190-E2 introduction.

https://www.airlineratings.com/news/virgin-australia-regional-airlines-ponders-fokker-100-replacement/

 

[AustraliaPoochie]

Will be sad to see if VA3 goes kaput.
Granted, Rex seems ready to jump into any openings.
Maybe they will do a better job if they can keep their costs really low, and not be too ambitious.
Don't know, but maybe VA1 could have survived if it didn't want to get too big, that was what it did (try).
But I guess now, looking forward down the runway, anything goes.

 

[jase05]

VARA is looking to get Capex approval for A220 or E190-E2 introduction.

https://www.airlineratings.com/news/virgin-australia-regional-airlines-ponders-fokker-100-replacement/

Would be nice to see some new aircraft in that neck of the woods

 

[twinaisle]

Bag onboard crack down coming soon
Too many flights going late with OTP

 

[henrus]

Bag onboard crack down coming soon
Too many flights going late with OTP

Noted… I will not bring my kitchen sink on my next few VA flights. I’m guessing 2 weeks and we’ll be back to normal because that’s normally how long these crack downs last.

 

[MEL_Traveller]

Bag onboard crack down coming soon
Too many flights going late with OTP

That’s disappointing!

Take action against the passenger, rather than the underlying systemic issues:

• turn-around times too short
• policies not in place for cabin crew to keep the flow of pax moving, or clear the aisles during boarding
• use of mobile devices for boarding passes, which often adds seconds to each passenger being processed when the phone screen doesn’t read, or locks. Paper passes would be much quicker!
• unrealistic schedules and crew patterns which means flights are going to be late regardless
• slow delivery of checked baggage
• not looking at boarding by zones, group, or row numbers

 

[Must...Fly!]

Bag onboard crack down coming soon
Too many flights going late with OTP

Good.

 

[pauly7]

Bag onboard crack down coming soon
Too many flights going late with OTP

Good.

Care to leak a start date .

 

[henrus]

unrealistic schedules and crew patterns which means flights are going to be late regardless

This is a big problem at VA, the number of times boarding is delayed because they’re waiting for an inbound crew is insane. On a recent flight the crew that operated our flight had helped board a few other flights before ours to help get other flights away.

 

[AIRwin]

On a recent flight the crew that operated our flight had helped board a few other flights before ours to help get other flights away.

But cabin crew is different to boarding gate agents?

 

[MooTime]

It becomes cheaper and cheaper if Bain was desparate to sell until a buyer is found. At some point it becomes cheap enough that someone will take a shot.

almost like they're desparately buying more loyalty engagement

If it really becomes a situation that Bain has to pay someone to buy it (and VA shouldn't be in that bad of a state) then they let it collapse.

Bain has to pay someone to buy the airlines, how ridiculous it's that theory.
Pay someone to buy out a profit making business, really!

Any Airline that's not desperate to get more loyalty any which way is crazy.

Maybe this is the strategy. Try to inflate the books massively with the loyalty branch.

Maybe the strategy to inflate the books.....maybe.... 101 in floating a business.

 

[henrus]

But cabin crew is different to boarding gate agents?

Correct, what VA do is get cabin crew from a different flight or those who may be about to clock off to jump onboard a flight they aren’t scheduled to operate, that cabin crew do the safety checks and greets passengers whilst they wait for a late inbound crew to arrive off a different flight.