Well that's it. I'm out. All the shareholders now got divergent interests. I think it's a smart play by the Chinese. Not sure about Virgin though. HNA and Nanshan make little sense for Virgin. That's what you get when two CEOs with massive egos try and screw each other. JB really needs to go. He is still living in his past days at Qantas when it was a monopoly. Too much focus on fancy lounges and products and too little on costs, including reigning in the unions. The cost base of Virgin and Qantas is almost the same now.
VAH Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held