VAH virgin australia holdings limited

Ann: VAH Transfer of Shares and Delisting, page-5

  1. 504 Posts.
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    Correct me if I'm wrong. With the events of the pandemic , bringing most world airlines into troubled waters Virgin went into administration with debt of 6 Billion dollars ( thrown under the bus ?) ,but was in the strong position of owning the majority of it's Fleet ,which was the target ( privatise the gains ,socialize the losses / sell the Fleet and lease them back to Virgin, then re - list IPO and pocket the difference )). Were the previous 6000 employees fairly dealt with as there were problems with their entitlements.I read a report on Bain a Co ( USA / Canada ) who are registered in the Cayman Islands .I was a shareholder with Healhscope , who were in the strong position of owning the majority of their 72 hospitals/ clinic's and went through the same process with Bain a Co ,as they cut the ribbon on the Northern Beaches Hospital in Sydney ( they will re - list Health Scope after the completion of the break-up IMO ). As Bain a Co swiftly organise the Virgin re - listing ( according to the AFR tonight - Chancellor Podcast ) To be brutally honest, this is not in the nation's interest or the previous Virgin shareholders.
 
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