But it wasn't just covid that usurped VA1's operations of their 777 and 330, it was that PS felt that there was no other way to get the airline out of financial strife.
If no covid, how long would VA1 be flying with its previous 5 owners not putting any more money into it?
They might have bought into it to write off tax losses, but in the end, who knows why they bought into VA1 in the first place.
If covid didn't happen, he would/might have kept operations, but then the airline due to lack of funds, might be run into the ground, with no new funds from its investors, and the revenue from flyers not really enough to make expenses, or to run a profit in the end.
If he had kept them, and bain had bought the whole airline, without covid, they (bain) might have also decided to stop flying the wide bodies, and send them back to their owners, if leased, or sold if owned.
As of now, the only way forward for VA2. if they are really serious, would be to lease any available 350/787 and fly them on the route that they said they would, ie, to HND, not from a town in QLD, but something from SYD/MEL, or even OOL, or a niche departure airport like ADL, grin.
I can only dream though.