PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 24th Aug 2008, 01:28
  #156 (permalink)  
porch monkey
 
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Not quite as simple as this 320, but if QF is 5 times larger, then to have an equal profit vis size, then QF would have to make 5 times the VB profit, wouldn't they. They did, which is fine, but I'm pointing out why QF did/have to make a bigger profit to be considered reasonable. Also, consider that all of QF's issues recently, including cancellations, empty positioning, delays, hotels etc racked up in the last 2 months aren't on this balance sheet. Next year will give a bit of an indication there.
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