VAH 0.00% 8.6¢ virgin australia holdings limited

virgin to make money this year?

  1. 201 Posts.
    Virgin Domestic has always made money, and lots of it,
    Virgin Long Haul is now making money, "it was a major loss maker"
    Virgin NZ is not loosing as much money as it has.
    New business class loads from what i hear are getting filled up.
    Load factor is increasing

    AUD has been hovering around parity - no excuse for currency hedging losses this year..

    Jet fuel is still high, but this is factored into ticket prices now with fuel levies etc,

    I cant see how they can loose money.
    I guess the refit of aircraft could be a cost, but for the past 10years the company should have been putting cash aside for this as it would have been a cost anyways. Paint jobs and interiors don't last for ever..

 
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