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Old 23rd Nov 2005, 22:38
  #381 (permalink)  
mrpaxing
 
Join Date: Oct 2005
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share price

GD might find it very difficult to talk up the share price once the market gets the latest info on jetstar asia. its all downhill for those guys. according to my sources things are pretty bad there. even with valueair merging truckloads or should i say planeloads of money is still required to prop them up. there is another reason GD needs to save somewhere else. and if some of you may have looked over the anual reports(dont fall asleep) 4 years ago we had a labour cost of 23.7%, which has reason to 25.6% last financial year(up 300 million last year alone).management does get expensive these days.
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