Virgin Australia - Velocity Rewards
Member since 05 Sep 2013
Total posts 62
Per ABC (article by Nassim Khadem on 18 May 2020) also article on Reuters (Scott Murdoch, Paulina Duran on 18 May 2020) and Australian Financial Review/9Fairfax (article by Sarah Thompson, Anthony Macdonald and Tim Boyd on 18 May 2020).
Four bidders have been shortlisted to take over Virgin Australia:
1) Bain Capital (currently has a cruise ship joint venture with the Virgin Group called Virgin Voyages plus has experience in aviation when bought Atlas Air)
2) BGH Capital (Melbourne based Aussie private equity funds)
3) Cyprus Capital Partners (old co-owner of Virgin America)
4) Indigo Partners (LCC owner/investor in Frontier Airlines, JetSmart, Wizz Air, and Volaris)
Who do you think will give the winning bid?
Shortlist of four bidders in the running to take over Virgin Australia from ABC News (Australia) Finance Report
(18 May 2020) Video on Youtube at: https://youtu.be/dtW3Iy_oT7U
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Shortlisted VA Bidders
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