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Old 14th Nov 2013, 19:03
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dragon man
 
Join Date: Aug 2007
Location: sydney
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Virgin capital raising

I feel this spells big big problems for Qantas. The major shareholders in Virgin have very deep pockets, Qantas by all accounts and looking at load factors is losing money at the moment hand over fist and this is the best six months of the financial year. Rumour has it that Etihad want to put another ten A330s into Virgin domestic plus a number of 777s internationally to pick up the European rights from Australia that Qantas either have stopped using or don't use. Very dark clouds on the horizon.
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