PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 28th Sep 2008, 05:18
  #263 (permalink)  
dirty deeds
 
Join Date: Jul 2002
Location: Sydney
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VB will be broke in 18 months. No worries at all. Cannot treat your staff the way they do and run a business the way it is managed and hope to succeed. Impossible, luck has run out here, their only hope would be for QF to go broke (ala AN), yet somehow I don't see that happening in the near future! From what I see everyday, they are burning cash. 18 empty red seats per flight. Four sectors a day means 72 empty seats per flight. Which means one in every ten flights is running with no passengers, and that does not include empty "economy" seats. This does not include new head office costs, Vaus delays, backlog in EMB training, cost of Oil and 8th birthday parties. Unless some major strategic marketing and management changes are made, it look like a new rating or job hunt coming our way. Hope I am wrong!

Looks like David has put the match to Camp Davidian!
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