PPRuNe Forums - View Single Post - Virgin headed for another disaster, says REX chairman
Old 9th May 2020, 05:44
  #64 (permalink)  
wheels_down
 
Join Date: Apr 2010
Location: Asia
Posts: 849
That margin will require a large axe drop on the cost base. PS has pulled back what 20% of the workforce since he started? HQ will likely move to Sydney so expect another 10-20% who won’t commit.

That number will still require some large gains on the domestic front. They have peaked at 600m EBITA Dom before. I imagine the number includes Velocity. Tiger and International will never ever contribute anything of relevance so not worth a mention.

What Fuel price is that figure based on?
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