Ninie,Thanks for the thoughtful comments and not day trading...

Ninie,

Thanks for the thoughtful comments and not day trading diatribe that often defiles this site.

Agree that funamentals are looking exceptionally good, even eps of 3-4cps this year would be a positive. How much will they make over the next ten years? My guess would be at least $1.50, if not much more. In an extremely poor economy I am far more comfortable being long VBA than QAN. Younger fleet, no real union influence, good cash position, great discount to NTA.

Thanks also for your anecdotal comments on passenger numbers. I have noticed similar occupancy levels - still seem to be holding up well, particularly on the golden triangle.

I have posted my thoughts here before and find it unnecessary to keep repeating and commenting on day to day prices - waste of time!

Good luck and all the best.