Merged: Virgin Blue Share Price - how low can it go and for how long?
Join Date: Oct 2008
Location: Sydney
Posts: 76
Likes: 0
Received 0 Likes
on
0 Posts
Greenslopes,
The lavish party was a marketing expense which generated a substantial amount of excellent PR for the operation. Having invested well over 80 million in the startup VA, another 100K on a party is a small marketing expense.
In reality, the capacity cuts and redundancies are the smartest business decision VB group has made for a reasonable period.
I know I will get howled down but at the end of the day an employee is an employee and that is it. Yes, while they are employed the company needs to treat them with respect etc, however, when push comes to shove the shareholders and the company viability come first.
At the moment, VB need to batten the hatches. From a personal point it is harsh but from a business perspective, I am pleased to see them doing this.
tsalta
The lavish party was a marketing expense which generated a substantial amount of excellent PR for the operation. Having invested well over 80 million in the startup VA, another 100K on a party is a small marketing expense.
In reality, the capacity cuts and redundancies are the smartest business decision VB group has made for a reasonable period.
I know I will get howled down but at the end of the day an employee is an employee and that is it. Yes, while they are employed the company needs to treat them with respect etc, however, when push comes to shove the shareholders and the company viability come first.
At the moment, VB need to batten the hatches. From a personal point it is harsh but from a business perspective, I am pleased to see them doing this.
tsalta
Join Date: Dec 2007
Location: Australia
Posts: 545
Likes: 0
Received 0 Likes
on
0 Posts
tsalta - the V party did nothing that a good strategic coms campaign could not have achieved. My household is one income down this month thanks to VB cuts.
Would not be so so bad but the burden is being carried by those in the front end of the business - some execs seem to be exempt from the pain.
VB must survive but Godfrey and co need to be a bit more considerate to the VB people who are taking the hit for poor business decisions. The "email me anytime Godfrey" has not even bothered to respond to emails from his own people.
As for the ferret Branson and his insensitive comments - the best thing VB could do is buy up his shares and and tell him to p*ss off.
Let VB get back to a value profitable LCC and keep Aussies in flying jobs.
PS: As for the "test modelling of a 737 with only 3 crew in cabin..........read the Hudson report
Would not be so so bad but the burden is being carried by those in the front end of the business - some execs seem to be exempt from the pain.
VB must survive but Godfrey and co need to be a bit more considerate to the VB people who are taking the hit for poor business decisions. The "email me anytime Godfrey" has not even bothered to respond to emails from his own people.
As for the ferret Branson and his insensitive comments - the best thing VB could do is buy up his shares and and tell him to p*ss off.
Let VB get back to a value profitable LCC and keep Aussies in flying jobs.
PS: As for the "test modelling of a 737 with only 3 crew in cabin..........read the Hudson report
Join Date: Jun 2001
Location: Melb, Oz.
Posts: 35
Likes: 0
Received 0 Likes
on
0 Posts
Company e-mail at the time indicated the tough times and the bad look of a big party to Launch V Oz. It was then explained that the direct expenses to the company were minimal as the majority of it was paid for by sponsors/business partners and not V Oz. The need for a bit of fanfare and the usual free advertising that they would get out of it was helpful. So all in all not the big cash hole in the ground people are saying. The set up costs and money drained from VB however........well that's a whole other story! 
Join Date: Dec 2007
Location: Australia
Posts: 545
Likes: 0
Received 0 Likes
on
0 Posts
sorry sked you should know to scrutinise 'company email' - a very reliable and proven intell source from within the bunker at the village says the cockatoo island soiree was not a free feast funded by suppliers et; al; as it was supposed to [sic; hoped to] be. - also some accomm for the chosen few execs attending - internally was costed back against DJ domestic ops.
don't believe the spin - a few within are less than impressed and are happy to back those on the flying line taking the hit.
Many VB ppl are waiting and dissapointed to see the CEO is yet to walk his own talk
- minus 60 days for the close of the VB & VOZ results - although expect the abnormals to dominate [deflect].
don't believe the spin - a few within are less than impressed and are happy to back those on the flying line taking the hit.
Many VB ppl are waiting and dissapointed to see the CEO is yet to walk his own talk
- minus 60 days for the close of the VB & VOZ results - although expect the abnormals to dominate [deflect].
Join Date: Feb 2005
Location: Bolivia
Posts: 434
Likes: 0
Received 0 Likes
on
0 Posts
airtags
Many VB ppl are waiting and dissapointed to see the CEO is yet to walk his own talk
V
short flights long nights
Thread Starter
airtags
Note Ryanair and several other European LCC are operating the 737 with 3 cabin crew
Join Date: Jun 2001
Location: Melb, Oz.
Posts: 35
Likes: 0
Received 0 Likes
on
0 Posts
Fair enough Tags. Just thought that it was a believable e-mail from the Art house at the time. Just a humble driver without the "inside contacts" so do stand to be corrected. Just telling what was received, and I know, "Believe half of what you read and then throw that out and forget it!".
SOPS i think youll find the RYR operate their 800's with 4 cabin crew. The requirement here (Europe) is for 1 cabin crew member per 50 seats. EZY i think get away with 3 on the 700's and 319's standing by to be corrected on that though. 
Join Date: Jan 2008
Location: Tallong NSW
Posts: 280
Likes: 0
Received 0 Likes
on
0 Posts
The airlines released their Feb traffic figures over the last day or so. Virgin Blue picked up 0.1% fewer than a year earlier. Qantas picked up 10 % less, and flew more than 11% less RPKs domestically, and Q Link carried 6% less pax. Jetstar flew 3.3% fewer passengers.
So, who is going to fly how low?
So, who is going to fly how low?
Join Date: Jan 2006
Location: Sydney
Posts: 191
Likes: 0
Received 0 Likes
on
0 Posts
The airlines released their Feb traffic figures over the last day or so. Virgin Blue picked up 0.1% fewer than a year earlier. Qantas picked up 10 % less, and flew more than 11% less RPKs domestically, and Q Link carried 6% less pax. Jetstar flew 3.3% fewer passengers
Taking that into account the Feb figures show Virgin with an increase in pax, Jetstar stagnant and QF down about 7%.
QF international was down 16% yoy or about 13% taking the leap year into account.
Join Date: Jan 2006
Location: Sydney
Posts: 191
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by NeedABiggerHammer
members regarding Voz -- Yeild is great and loads are great -- Standby for an announcement on April 2nd
Join Date: Jul 2007
Location: BAO
Posts: 0
Likes: 0
Received 0 Likes
on
0 Posts
AN*
As far as the announcement- I really don't know.......
But they have taken off this morning, currently at 30c up 3.5 cents on a huge volume of over 13 million already.
You'd nearly reckon that something was on.........
Rgds
S28- BE
As far as the announcement- I really don't know.......
But they have taken off this morning, currently at 30c up 3.5 cents on a huge volume of over 13 million already.
You'd nearly reckon that something was on.........
Rgds
S28- BE
Join Date: Oct 2004
Location: 38,000 ft
Posts: 394
Likes: 0
Received 0 Likes
on
0 Posts
Perhaps what was posted here has spurred on the market. I tell 10 people they tell 10 people and all of a sudden VBA gets a please explain from ASIC.
Or perhaps there will be a big announcement this afternoon?
The Ham, Cheese and Tomato sandwich will be replaced by cheese and vegemite for the coming months.
Or perhaps there will be a big announcement this afternoon?
The Ham, Cheese and Tomato sandwich will be replaced by cheese and vegemite for the coming months.
Join Date: Oct 2007
Location: Outback
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
From News.com.au
Also interesting news ... it appears Tiger will now be operating SYD-MEL around July....
Virgin Blue ..... has signed an interline agreement with newcomer Air Austral, a French carrier set to enter the Australian market this month
Join Date: Jan 2009
Location: OZ
Posts: 25
Likes: 0
Received 0 Likes
on
0 Posts
New Appointment?
Folks,
is there any truth to the rumour that the ex Chief Pilot of Sky Air World has been appointed a general management position in VB? In operations perhaps?
is there any truth to the rumour that the ex Chief Pilot of Sky Air World has been appointed a general management position in VB? In operations perhaps?