Originally Posted by
georgetg
Some good dots in the news surrouding the Virgin Delta announcement.
[*]For Virgin to be profitable by 2015 significant structural changes will need to be implemented.
Could be just "structuring" them into a JV that favors them with a massive 3 year disparity unbalance period and a "what are you gonna do, grieve it?" snap shot remedy period after both sides pull down to synnergize and our "cure period" is based off the 3 year low. Can we get a what what?
[*]Look who's new on the Virgin BOD.
Who? And what is his/her track record of being pro DL pilot in JV alliances?
[*]Amonge the newly announced codeshare routes there's some important stuff conspicuously absent...
Such as...
[*]Virgin not joining SkyTeam near-term as the Virgin CEO recently said will also significantly affect the current Transatlantic JV...
How is this good for us?