Virgin Australia

[Billyboeing]

Virgin Australia to fly again under new ownership

https://www.bbc.co.uk/news/business-53188897

[Allen McL]

Good luck to them I may not be the only one however who tends to think of a goose being fattened for christmas, whenever I hear of a private equity firm getting involved in a failed airline...

[bill]

Good luck to them I may not be the only one however who tends to think of a goose being fattened for christmas, whenever I hear of a private equity firm getting involved in a failed airline...

No,you're not alone with that thought Allen.

[atuk]

[quote="Allen McL" post_id=862 time=<a href="tel:1593342097">1593342097</a> user_id=90]
Good luck to them I may not be the only one however who tends to think of a goose being fattened for christmas, whenever I hear of a private equity firm getting involved in a failed airline...

No,you're not alone with that thought Allen.
[/quote]

Agreed. If I had power I’d ban them or at very least constrain their actions to avoid unwarranted, unwanted takeovers like Cobham, GKN just a couple of examples. Who is next? Rolls Royce?

For me they represent the worst face of capitalism and all about short term gain and long term pain.

[hads]

Its a Phoenix company. In many industries , this is an absolute No No.Most of them fail. Just sayin...