Virgin stock is now worth 20 percent of what it was when the stock first listed.
Virgin is going into a period of intense competition as it tries to carve out several new niches domestically (with the E Jet) and internationally (with V) and all while the core business remains under intense pressure from fierce competition.
Now a major capital works expansion will take place in SYD.
It all costs money. All this reminds me of the line from 'Top Gun' where the CAG says to Maverick, something like....'Son you are writing cheques that your body can't cash'
Or perhaps Rod Eddington's quote concerning Ansett being a 'Great airline but a Poor business' is the most appropriate comment for DJ's current business planning and commercial performance.....Dream on Brett!!
Last edited by THE ORACLE; 3rd September 2008 at 02:37.