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Indigo seeking Virgin Australia, again

Old 06-02-2020, 08:21 AM
  #31  
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Originally Posted by Tom Bradys Cat View Post
Indigo is officially out.Administrators have announced Bain Capital and Cyrus Capital Partners as the final two bidders left in the race to buy Virgin Australia.

The two US-based private equity firms are “well-funded” and have “deep aviation experience”, according to Deloitte administrator Vaughan Strawbridge.
There appeared to have been a lot of outside influence and inside (union) influence that didn’t want the Indigo purchase to happen. The influencers want a full service airline, and for nothing to change, except their profitability. Good luck with that approach, I’m sure the third time is the charm. From a union/labor relations standpoint, I really cannot blame them. Indigo surely would have tried their standard terror negotiations with the employees that weren’t outsourced; although Kenny mentioned previously that Australian labor laws are much more protective. But in a world market overly saturated with seats, every analyst seems to be pointing to a pricing war even with a large reduction in fleets. So if cost is king in a recession, what kind of airline do you want to work for?
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Old 06-02-2020, 12:20 PM
  #32  
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Originally Posted by Punkah Louvre View Post
I believe one of the oldest airlines in the world may have beaten you to that er, punch. (see what I did there??)
Knowing the Aussies we can expect the fleet named after local beer....
its actually a white kangaroo on their tail, so, you know, we’re good.
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Old 06-02-2020, 03:03 PM
  #33  
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Originally Posted by Brickhut View Post
its actually a white kangaroo on their tail, so, you know, we’re good.
I thought it was a rat.

Every school boy knows its white......but 'red rat' has a better ring to it.

.....aaaaand a red kangaroo is actually a common name for a species of kangaroo actually..... A Red Kanga comes from central australia...... An Eastern Grey comes from the east (I think).......point being put the Red Kanga on the tail.
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Old 06-02-2020, 05:39 PM
  #34  
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Originally Posted by Tom Bradys Cat View Post
I thought it was a rat.

Every school boy knows its white......but 'red rat' has a better ring to it.

.....aaaaand a red kangaroo is actually a common name for a species of kangaroo actually..... A Red Kanga comes from central australia...... An Eastern Grey comes from the east (I think).......point being put the Red Kanga on the tail.
You know, you’re right! Upon closer examination, that white kangaroo on Quantus’ tail is a red Kangaroo! My favorite color is potato.
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