After the news this week, it looks like the VA IPO is becoming more of a certainty. Does anyone have any insight or thoughts of what the prospectus might contain. I'm particularly keen to see what truth there was to the 'REX buyout and Air New Zealand merger talks' that surfaced in September last year. Both have merits ie transferring capacity from REX regional AUS and ANZ Trans-Tasman networks, that feed into the QF across to VA.
Can't imagine the IPO being pitched to retail investors, strictly un-accountable superannuation funds and 'wholesale' investment funds (for those retail funds and super funds that wouldn't want their names appearing on the Virgin shareholders roll).
Bain will retain equity, but for how long? I'm happy to remain a loyal customer, but VA2 will never appear in my modest portfolio.
Can't see NZ getting involved again with a equity stake after losing money at Ansett and VA 1.0. NZ might (or may not) codeshare with VA in the future when the QF/NZ codeshare agreement expires in a few years though.
It'll be either QR (or yet again SQ making noise but fading out as 'Fake News' as per their multiple past attempts) at some point.
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Virgin Australia IPO
adpadp
adpadp
Member since 26 May 2016
Total posts 9
After the news this week, it looks like the VA IPO is becoming more of a certainty. Does anyone have any insight or thoughts of what the prospectus might contain. I'm particularly keen to see what truth there was to the 'REX buyout and Air New Zealand merger talks' that surfaced in September last year. Both have merits ie transferring capacity from REX regional AUS and ANZ Trans-Tasman networks, that feed into the QF across to VA.
Boeing-Tragic
Boeing-Tragic
Virgin Australia - Velocity Rewards
Member since 24 Jan 2018
Total posts 50
Can't imagine the IPO being pitched to retail investors, strictly un-accountable superannuation funds and 'wholesale' investment funds (for those retail funds and super funds that wouldn't want their names appearing on the Virgin shareholders roll).
Bain will retain equity, but for how long? I'm happy to remain a loyal customer, but VA2 will never appear in my modest portfolio.
DanV
DanV
Qantas - Qantas Frequent Flyer
Member since 04 Nov 2017
Total posts 96
Can't see NZ getting involved again with a equity stake after losing money at Ansett and VA 1.0. NZ might (or may not) codeshare with VA in the future when the QF/NZ codeshare agreement expires in a few years though.
It'll be either QR (or yet again SQ making noise but fading out as 'Fake News' as per their multiple past attempts) at some point.