TVAL had not been the same since their managing pilot was caught running his own store to sell his boss' items with his personal margin. Now he is a guest of the New Zealand government.
I have never spent five minutes researching the business practices of Peter Jackson or looking into the ongoing daily operations of his variously owned business entities.
But there is something going on here and it doesn't relate to a virus. Although the virus is clearly being used as the excuse to bail out of these business ventures.
We're going to hear more about this down the line.
As I've mentioned before, such a small operation can easily be revived by someone else.
And what is perhaps even more likely is a group of former WNW employees (perhaps even all of them) somehow combining resources to revive the company themselves.
The one thing we don't know and which I'd love to know right now is what their finances looked like.
The state goal was always simply to "break even" as I understand it.
Not sure the economics would favor a new owner who was actually looking to make a profit. Though with some tweaks to the business model, maybe that could be corrected.
Now then, trying to shine a positive light on a very dark subject: if and when the company revives itself under new ownership, we might actually get some new subjects that are not English or German!
