VS CEO was interviewed this morning on Bloomberg TV. Using a very unconvincing Zoom background he remained upbeat, (no surprise there), despite the challenge with it's current network.
One telling item, was when asked how much money was owed in refunds to existing customers. 200 MM GBP was outstanding and they hoped to be able to return that to customers before November. This begs the question, with "only" 370 MM GBP in new money, how long will that last given their outstanding liabilities?
I was supposed to fly in the new A350 suites LAX LHR a few weeks ago. Despite me trying to cancel because of the quarantine, I'm still awaiting a refund of miles and money. Currently it says I "no showed" despite requesting a refund h=when they finally resumed flying to LA in late July. I always has a soft spot for VS, not anymore.