Ive been keeping an eye on the news about Virgin for awhile and the majority has been positive, especially the service reviews.
In the domestic market it is shaping as a a high quality option which is cheaper than Qantas, and I read recently that the government wants to slash spending on travel. I don't think they would switch to low cost carriers as they are not as reliable, so virgin seems a good option. (Late last year I flew virgin through a gov department and Qantas by a slightly more prestigious gov department).
It is a very cyclical industry and good times are ahead for VAH!
VAH Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held