PPRuNe Forums - View Single Post - Virgin Australia : 315 Million Loss - How long can they survive?
Old 31st Aug 2019, 07:00
  #135 (permalink)  
machtuk
 
Join Date: Sep 2018
Location: Melbourne
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Originally Posted by Arthur D
Too high a cost base
costs rising faster than yield
declining market share
no cash
weak / split board
questionable ownership / shareholders
Strong and growing competitor
further pull back on routes
regional ‘experimentation’
Loss making international
new inexperienced airline ceo
new inexperienced exec team (or worse)

sound familiar??

too many similarities

VA is AN MkIII
Sadly I have to agree, won't be long b4 there is a MAJOR shift in Australian aviation, it's only a matter of time!
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