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Old 29th Dec 2001, 16:19
  #35 (permalink)  
B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,395
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Kaptin M, my dilemma with Virgin Blue is an employment one. I was thinking about applying but I am not confident they will survive in their own right.

I understand Virgin Blue are in urgent need of further capital and breaking even profit wise at best. Their most recent profit announcement before the arrival of the 'expensive' a/c showed an average operating profit of 68c per passenger carried.

AN MK111 will no doubt commence business with a budget to 'fly the flag'.

FLEW know that there is only sufficient business for QF and one other main player. It appears that there is no love lost between FLEW and Godfrey so instead of working together against QF they will fight each other.

Who will have the deepest pockets and the most to lose ?.

[ 29 December 2001: Message edited by: B772 ]</p>
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