State of Virgin Blue
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Dutch Roll
I've heard the same from people who don't have a f
clue but it's all BS.
I can't see why your
when comparing the A380 to the 777
Please enlighten us with your concerns.
Internal sources have led me to believe that our A380 is not performing as expected - now that would be a surprise.
clue but it's all BS. I can't see why your
confused
Please enlighten us with your concerns.
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Dagger Dirk,
I'm not sure if you are taking the piss or not, but for your stock broker to be telling you Virgin stock price will almost triple in value in the next 6-7 months is a big call considering the current market.
There must be some very good results forthcoming.
I'm not going to advise you not to buy them.
Good luck, I hope it works out.
I'm not sure if you are taking the piss or not, but for your stock broker to be telling you Virgin stock price will almost triple in value in the next 6-7 months is a big call considering the current market.
There must be some very good results forthcoming.
I'm not going to advise you not to buy them.
Good luck, I hope it works out.
Some facts
Out of the age 10 hrs ago. 60%LF VA, 72% UA, 75% QF, premium loads poor.
VIRGIN BLUE subsidiary Pacific Blue is expected to join V Australia in posting a loss this year, raising speculation it could exit the New Zealand domestic market within the next 18 months.
Pacific Blue has flown on main-trunk routes within NZ for the past 18 months, but faced a tougher proposition this week when Jetstar replaced its parent, Qantas, on domestic services.
Macquarie Equities said it was difficult to see two low-cost carriers operating within NZ in the longer term against the government-owned incumbent, Air New Zealand. "It would not be surprising to see Pacific Blue reduce its services or exit entirely within 18 months," the broker said.
Virgin Blue has been redeploying 737-800s from Australia to Pacific and trans-Tasman routes over the past six months. Pacific Blue will boost its trans-Tasman services in September with flights between Sydney and Brisbane and four additional NZ cities. Macquarie estimates Pacific Blue will post an $11 million loss before earnings, interest and tax this financial year, a turnaround on an $18 million profit last year.
The broker also said passenger numbers for V Australia suggested a slower than expected take-up, while Virgin management had indicated disappointing demand for premium classes.
V Australia has scaled back some direct flights from Sydney to Los Angeles as competitors scramble amid falling demand on the trans-Pacific route. Passengers booked on some direct V Australia flights between the two cities are having to travel via Brisbane on domestic aircraft.
The long-haul carrier's load factor for the trans-Pacific route in March was almost 60 per cent, Macquarie Equities said, compared with United Airline's 72 per cent and Qantas' 75 per cent.
Competition will intensify next month when Delta Air Lines begins daily services between Los Angeles and Sydney. But some industry insiders question whether the US carrier is committed to the route in the longer term.
Despite a stronger Australian dollar, Macquarie said it was unlikely passenger numbers to the US would increase over the next year. A recovery in yields on the route was likely to be slower than anticipated because of discounting in premium and economy classes, it said. Return fares on the trans-Pacific have been selling for about $1000 in recent months.
VIRGIN BLUE subsidiary Pacific Blue is expected to join V Australia in posting a loss this year, raising speculation it could exit the New Zealand domestic market within the next 18 months.
Pacific Blue has flown on main-trunk routes within NZ for the past 18 months, but faced a tougher proposition this week when Jetstar replaced its parent, Qantas, on domestic services.
Macquarie Equities said it was difficult to see two low-cost carriers operating within NZ in the longer term against the government-owned incumbent, Air New Zealand. "It would not be surprising to see Pacific Blue reduce its services or exit entirely within 18 months," the broker said.
Virgin Blue has been redeploying 737-800s from Australia to Pacific and trans-Tasman routes over the past six months. Pacific Blue will boost its trans-Tasman services in September with flights between Sydney and Brisbane and four additional NZ cities. Macquarie estimates Pacific Blue will post an $11 million loss before earnings, interest and tax this financial year, a turnaround on an $18 million profit last year.
The broker also said passenger numbers for V Australia suggested a slower than expected take-up, while Virgin management had indicated disappointing demand for premium classes.
V Australia has scaled back some direct flights from Sydney to Los Angeles as competitors scramble amid falling demand on the trans-Pacific route. Passengers booked on some direct V Australia flights between the two cities are having to travel via Brisbane on domestic aircraft.
The long-haul carrier's load factor for the trans-Pacific route in March was almost 60 per cent, Macquarie Equities said, compared with United Airline's 72 per cent and Qantas' 75 per cent.
Competition will intensify next month when Delta Air Lines begins daily services between Los Angeles and Sydney. But some industry insiders question whether the US carrier is committed to the route in the longer term.
Despite a stronger Australian dollar, Macquarie said it was unlikely passenger numbers to the US would increase over the next year. A recovery in yields on the route was likely to be slower than anticipated because of discounting in premium and economy classes, it said. Return fares on the trans-Pacific have been selling for about $1000 in recent months.
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Originally Posted by ANstar
Given VA have only been on the route for less than 4 months I would have thought a 60% load was good in comaprison to the incumbents??
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but for your stock broker to be telling you Virgin stock price will almost triple in value in the next 6-7 months is a big call
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VBA Shares
Just did a quick look @ the ASX..VBA shares closed @ 33c. Not bad if you were fortunate enough to get in around the 15/20c mark. 
Also took a quick squiz @ the Woolworths website. 1 can of Lovitts regular dog food, $1.39.
So 1 share, in Australias 2nd biggest airline, is worth less than a can of dog food?? Get in now..or get out now ??
Also took a quick squiz @ the Woolworths website. 1 can of Lovitts regular dog food, $1.39.
So 1 share, in Australias 2nd biggest airline, is worth less than a can of dog food??
Get in now..or get out now ??
Unfortunately a 60% load factor at heavily discounted fare levels doesn't even cover operating costs. Additionally VA is not attracting the vital premium class passengers either
I think you will find the 80 is not performing as well as what Airbus claimed it would. The 777 however outperformed design expectations when brought into service. As an aircraft the 777 wipes the floor with the 80, however the quality of the in-flight technology and service is really a question of how much money the airline wants to spend on it.
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VBA Shares were the top gainer in trading yesterday on the ASX
VBA Virgin Blue 0.345 +6.15% OZL OZ Minerals Limited 0.965 +6.04% CSR CSR Limited 1.59 +6.00%
VBA Virgin Blue 0.345 +6.15% OZL OZ Minerals Limited 0.965 +6.04% CSR CSR Limited 1.59 +6.00%
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crew rest -
Miranda does write some good stuff but this one has all the indicators of a quiet news day and a looming deadline to file 'something', or maybe the upgrade didn't happen.......?
The writing is weak, no verifiable first person accounts and very wobbly links to stuff that has come off other news sources. In short, a subjective pitch that does little but to fill a few centimetres.
Does not let QF off the hook by any means - but like some of the overhyped speculation around VOZ profits & VB shares, it is hardly an authorative piece of writing.
AT
Miranda does write some good stuff but this one has all the indicators of a quiet news day and a looming deadline to file 'something', or maybe the upgrade didn't happen.......?
The writing is weak, no verifiable first person accounts and very wobbly links to stuff that has come off other news sources. In short, a subjective pitch that does little but to fill a few centimetres.
Does not let QF off the hook by any means - but like some of the overhyped speculation around VOZ profits & VB shares, it is hardly an authorative piece of writing.
AT
QF loads across the Pacific are also heavy at present due to seasonal influences - mid year school holidays in Oz & the big summer holidays coming up in the US. I've no idea on the yield though and that is the critical thing for an airlines financial well being.
My read on the announcement of reduction in QF services is just formalising what is already happening with flights being cancelled when loads are light, ie there has been 1-2 AKL-LAX cancellations per week as well as occasional BNE-LAX and QF11/12 SYD-LAX flights. Flights are adjusted in an attempt to maximise yield (ie minimise losses) whilst minimising disruptions to pax - it's a fine balancing act. From what I've been hearing, V Oz is doing the same thing, adjusting flights to suit the loads.
Delta's start on 1st July will look good for the first month due to US summer holiday demand and the B777-200LR looks to be a good sized aircraft to develop a new international route, but in the long term, the competition will be cut-throat. I suspect that there won't be profits made on the route for a couple of years & it's quite probable that United will withdraw from its Oz routes to stop the heamoraging of cash.
My read on the announcement of reduction in QF services is just formalising what is already happening with flights being cancelled when loads are light, ie there has been 1-2 AKL-LAX cancellations per week as well as occasional BNE-LAX and QF11/12 SYD-LAX flights. Flights are adjusted in an attempt to maximise yield (ie minimise losses) whilst minimising disruptions to pax - it's a fine balancing act. From what I've been hearing, V Oz is doing the same thing, adjusting flights to suit the loads.
Delta's start on 1st July will look good for the first month due to US summer holiday demand and the B777-200LR looks to be a good sized aircraft to develop a new international route, but in the long term, the competition will be cut-throat. I suspect that there won't be profits made on the route for a couple of years & it's quite probable that United will withdraw from its Oz routes to stop the heamoraging of cash.
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United Boss came out not long ago saying they are willing to accrue losses because in the long run its still a good investment to keep. So who will back out, none of them!?
All 4 of them have their pro's:
-QF has its A380, FF, and the usual loyal QF customer..
-United has its excellent connections on the other end to nearly everywhere
-DL also has good connections/new fleet/big presence at the other end
-VA seems to have the Virgin flair, and have tried Premium Economy myself and would say its the best product across the pacific. Great IFE also.
I will take a punt and say QF might drop a couple of services, perhaps United might downgrade.
All 4 of them have their pro's:
-QF has its A380, FF, and the usual loyal QF customer..
-United has its excellent connections on the other end to nearly everywhere
-DL also has good connections/new fleet/big presence at the other end
-VA seems to have the Virgin flair, and have tried Premium Economy myself and would say its the best product across the pacific. Great IFE also.
I will take a punt and say QF might drop a couple of services, perhaps United might downgrade.