The failing of either QF or
VB will lead to a reduction in terms and conditions among the pilot workforce.
QF set the bar for overall package and
VB set the bar for overall improvement in conditions. Lets hope both stay open.
In the news
Confidence vote for Virgin, but V's a worry
Date: 26/5/2009
Author: Steve Creedy
Source: The Australian --- Page: 19
The load factor across all of its carriers for the listed Virgin Blue in April2009 remained resilient at 76.3%, down only 0.9% in a tough market. The domesticAustralian operations were especially healthy, although experts noted that theoverseas division V Australia was continuing to struggle. Some analysts rate thestock a "sell" due to a lack of disclosure on yields. On 25 May 2009it closed $A0.01 higher at $A0.27