Branson would be better waiting until after financial reporting. I cant see him jumping in just yet. VBA is only going to suffer in the short term unless there is a drastic fuel price reduction.
Fuel price has not hit passengers yet and the quickest way to address declining yield per seat per kilometer is cutting services.
It is a double edges sword for the business though.
Even MAP is suffering from this and it is a virtual monopoly. (not just fuel related)
IMO the oil price has been heavily manipulated and the current prices are unjustifiable. When oil traders start shorting it then VBA will be ripe for your run.
All the best.
Bacchus
VBA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
