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- Mar 26, 2017
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- Qantas
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- Virgin
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That's been out in the open for a while, although you need to know where to look for it.Recently I sat next to a 2nd officer who had been in Mel for 6 monthly simulator check and was going back to Perth. so plenty of time for a chat... I asked him how Bain/VA were doing and he said emphatically they had already (this was mid Dec) made back thr money they outlaid to buy VA.
One cud argue that a 2/O wouldnt necessarily know the company's full financial position, but he said it was a private but acknowledged fact within the company.
Virgin Australia shareholder investments to be fully repaid
Bain Capital, the majority owners of Virgin Australia (VA, Brisbane International), will pocket almost all of a AUD730 million Australian dollar (USD489 million) capital return ahead of an anticipated IPO later this year. The amount is roughly equal to what the US private equity firm paid in...
www.ch-aviation.com