Old 22nd Apr 2019, 04:02
  #2 (permalink)  
wheels_down
 
Join Date: Apr 2010
Location: Asia
Posts: 622
Fairly flat business but not losing or making much at all. Remove the currency headwind which seems to be wiping the profit each year, and its an attractive business for a local.

I highly doubt Virgin wants anything to do with Embrear again so I’d actually expect QF or Alliance to pick this up considering they do have a small relationship with them at the moment.

It wouldn’t be worth much. Tiger was 60 million flat profit with a dozen airbus so 10-20mill max.
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