Hi Sabre;Cutting the fuel levy will help the in-elastic end of...

Hi Sabre;

Cutting the fuel levy will help the in-elastic end of the market, in additon if they reduce a dividend they may use this to conserve cash.

Not a way to entice short termers by cutting the dividend, however will put money in the bank for when they need it in the long term.

Virgin RPK and ASK figures plus load factor have been better than QAN over the recent period as well as inclusion into ASX200. ASX200 entry for some instos is a pre-qualification for purchase selection as well.

Will re-enter at 33-35c for another 10-25% run prior to XMAS booking season.