Big fight shaping up over Govt support for Aust Airlines
https://www.abc.net.au/news/2020-03-...y+1+April+2020
I guess the worry is that if Virgin is allowed to collapse then in due course one of its international shareholders will buy the planes from the receivers for pennies on the dollar and with dirt cheap oil and new low cost employment terms from staff desperate to get back into the industry have an unfair advantage over its competitors.
On the other hand it would be hard to make a case that Virgin has been well managed over the years...surely one of only a tiny handful of airlines to make fairly consistent losses in the good times. How all this might affect AIR down the track, who knows ?