Happy Anniversary DJ/VA!

[AIRwin]

The first flight took to the skies today 20 years ago:
https://www.virginaustralia.com/au/en/about-us/media/2000/VB_CLEARED_TAKE_OFF/

 

[antycbr]

The first flight took to the skies today 20 years ago:
https://www.virginaustralia.com/au/en/about-us/media/2000/VB_CLEARED_TAKE_OFF/

How much shareholder equity has been destroyed over those 20 years?

At least there will be a 21st - subject to the deed of company arrangement with Bain - we may be able to fly within our respective states...

 

[HS-TQE]

How much shareholder equity has been destroyed over those 20 years?

At least there will be a 21st - subject to the deed of company arrangement with Bain - we may be able to fly within our respective states...

IMO, the start of the decline started when NZ was taken onboard as a shareholder under the late Godfrey era. SQ started acquiring an initial stake prior to the Godfrey to Borghetti handover. Both NZ/SQ expanded their stakes during the Borghetti era.

EY came onboard during the early JB era in a "besties" exchange between JB and JH, both known to have "egos". Throw in CL when he took over as NZ CEO years later and the board was dysfunctional with the "battle of the egos", eventually leading to CL selling NZ's VA stake after the boadroom bustup.

 

[AIRwin]

At least there will be a 21st

Happy 21st!

 

[Notyourbag]

No sale fares to celebrate? Would have been perfect to do a Take 20% off for the next 20 days of bookings.

 

[AIRwin]

No sale fares to celebrate?

Anywhere but here sale on now:

Cheap flights to Melbourne (MEL) from AUD $79* | Virgin Australia

Find and book great value flights to Melbourne (MEL) with Virgin Australia. Good times, great fares. We can't wait to fly with you.

specials.virginaustralia.com

 

[AIRwin]

Happy Birthday!