Encore and Sabre gone - a good result from the AGM today would...

Encore and Sabre gone - a good result from the AGM today would cap it off!!

Don't forget that VBA increased their capacity by 16%, so numbers aren't quite what they seem, but happy to see them holding up very well, particularly as many commentators suggested that numbers should have started falling over the last two months. Nov numbers should be strong given Melbourne airport numbers and Dec has Christmas travel. I suspect margins will be higher as well due to lower oil, reasonable ticket prices and ongoing surcharge. Today is a crucial day and Godfrey's comments and forecasts will be important. The key issues will be updated profit forecast and announcements re: V Australia. Good luck VBA believers!!