What must be a few years back, I understand that QFF was reported to be earning massive profits even when Qantas was losing equally as much (maybe more). At that time, that prompted suggestions that they may sell QFF (golden goose).
I wonder if Virgin Velocity is in the same sort of boat. I am asking because Virgin Australia just posted $225 mil in losses. I’m wondering whether my Velocity points are relatively ‘safer’ else where (e.g. Krisflyer).
I know this is a hypothetical question but any info or comments are welcome.