In all honesty Ansett was just as bad as Qantas, or worse. They had appalling service, always late, etc. People just went with Qantas because they were the major carrier, they had more flight routes and their flights were partially cheaper.
Virgin Blue is obviously much smaller than Qantas, but to say that it is just on par with Ansett because of this, I really do not agree with.
I believe VBA will survive the economic crisis, however it will be a CLOSE call. At the end of the day, when all is said and done though they will have HUGE growth due to their increased number of routes, better deal & better service - due to their strong growth oriented business model.
Hence, this is partially why it is priced at 17-25c, there is enormous risk but an equally enormous pay out
VBA Price at posting:
14.8¢ Sentiment: Hold Disclosure: Held
