Virgin Blue announces losses
Join Date: May 2009
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Is the airline in any danger or these losses attributed also to the amount of money currently being spent by the airline on unfiorms, lounges terminal refurbs, aircraft menus etc?
Join Date: Dec 2002
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As JB said : "There was no option to leave as is". "The terminals are tired the uniforms out of date, it needed to be done anyway, the time is right".
The branding needs an overhaul. Everyone would be calling him a hero if it were not for
1. IT Outage.
2. QLD Floods
3. NZ Earthquake
4. Japan Earthquake/Tsunami/Nuclear meltdown
5. War in Lybia and unrest in middle east.
It's a pretty bad start to the year.
I can see one more thing that might have THE biggest effect:
Dollar returns to 70 cents.
The branding needs an overhaul. Everyone would be calling him a hero if it were not for
1. IT Outage.
2. QLD Floods
3. NZ Earthquake
4. Japan Earthquake/Tsunami/Nuclear meltdown
5. War in Lybia and unrest in middle east.
It's a pretty bad start to the year.
I can see one more thing that might have THE biggest effect:
Dollar returns to 70 cents.
The Dollar has two sides.
High dollar means cheap leases/part/reserves/insurance/purchasing/fuel/ etc
Low dollar encourages more tourism from overseas and possibly domestic...
Godfrey "sold" JB a pup I would say....
High dollar means cheap leases/part/reserves/insurance/purchasing/fuel/ etc
Low dollar encourages more tourism from overseas and possibly domestic...
Godfrey "sold" JB a pup I would say....
Join Date: Aug 2009
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Boohoo.
What a shock, an airline makes a loss! Airlines are the most unstable, low return, high risk investments you cold sink money into. You get what you pay for...end of story.
The price of oil will keep on climbing and more pressure is yet to come.I might even snap up some of those shares myself once they reach $0.05 per share !!
What a shock, an airline makes a loss! Airlines are the most unstable, low return, high risk investments you cold sink money into. You get what you pay for...end of story.
The price of oil will keep on climbing and more pressure is yet to come.I might even snap up some of those shares myself once they reach $0.05 per share !!
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Best thing VB can do is buy into Airports as is happening in Euro, only problem no money. Syd/Bne/Akl/Mel airport makes 80% Gross while Vb makes a loss, things need to change.
Join Date: Oct 2009
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The lesson in all this ? Don't invest in airlines unless you buy the shares ate sold what they are actually worth - at cost value, around $0.05 per share.
The actual airport corporations (if floated) are a bigger money spinner than the airlines so they would be a better option to invest in.
Remember, airlines are subject to rapidly changing markets caused by economic downturns, natural disasters, accidents, oil pricing instability and so forth.......good luck.
The actual airport corporations (if floated) are a bigger money spinner than the airlines so they would be a better option to invest in.
Remember, airlines are subject to rapidly changing markets caused by economic downturns, natural disasters, accidents, oil pricing instability and so forth.......good luck.
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Airports are just Retail Malls.
The significance they have is that they have a captive customer base once through security where the normal commerce rules of pricing levels dictated by supply and demand do not apply......oh and they happen to be next to a runway!!!
Nationalise the Airports and the entire aviation industry will be able to be equalised and made sustainable.
More to Follow
The Kelpie
The significance they have is that they have a captive customer base once through security where the normal commerce rules of pricing levels dictated by supply and demand do not apply......oh and they happen to be next to a runway!!!
Nationalise the Airports and the entire aviation industry will be able to be equalised and made sustainable.
More to Follow
The Kelpie
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Hmmm and privatising them worked a treat didn't it? Love the private trainline to Sydney airport.
Mascot - Syd Domestic: $15 (for a 30 second train ride). Privatising that worked a treat! Good one son.
Who gives a F&*k about a payrise how about just basic 1st world facilities for a start. God knows we sure are paying 1st world taxes for it!
No idea.
Mascot - Syd Domestic: $15 (for a 30 second train ride). Privatising that worked a treat! Good one son.
Who gives a F&*k about a payrise how about just basic 1st world facilities for a start. God knows we sure are paying 1st world taxes for it!
No idea.
Last edited by Mr. Hat; 30th Mar 2011 at 07:17.
Join Date: Nov 2004
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Mascot - Syd Domestic: $15 (for a 30 second train ride).
Just look at that greedy sod who owns CB airport. It more of a business park than an airport.
S70IP
The last time I tried it, it was $4.50 if you had a boarding pass. How many crew have one of them.
I was told, no boarding pass no concession $13.50 thanks. "I'm crew, I came off an international flight on the GD, and I am on travelling on a ticketless airline." Your problem arsehole, no boarding pass no concession. A while has passed and I imagine $15 is probably the latest figure.
The thing that really got up my nose was that international travellers going to the wizz bang automated ticket machines are asked for full tote odds. The concession is only available at the ticket counter. The unknowing would pay the $13.50 /$15.00 and be none the wiser until a few days later when they understood the value of the local currency,and then would realise they had paid an extrordinary amount for a very short ride.
Took it up with the authorities, but they really didn't want to know about it. Probably in the pay of those theiving pricks at Mac bank (nsw inc).
Just another Sydney rip off in the ripoff capital of the country.
I'm with Sunfish, abandon the joint.
Feel much better, now where is that glass of red.
Maui
The last time I tried it, it was $4.50 if you had a boarding pass. How many crew have one of them.
I was told, no boarding pass no concession $13.50 thanks. "I'm crew, I came off an international flight on the GD, and I am on travelling on a ticketless airline." Your problem arsehole, no boarding pass no concession. A while has passed and I imagine $15 is probably the latest figure.
The thing that really got up my nose was that international travellers going to the wizz bang automated ticket machines are asked for full tote odds. The concession is only available at the ticket counter. The unknowing would pay the $13.50 /$15.00 and be none the wiser until a few days later when they understood the value of the local currency,and then would realise they had paid an extrordinary amount for a very short ride.
Took it up with the authorities, but they really didn't want to know about it. Probably in the pay of those theiving pricks at Mac bank (nsw inc).
Just another Sydney rip off in the ripoff capital of the country.
I'm with Sunfish, abandon the joint.
Feel much better, now where is that glass of red.
Maui
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revert to socialism
Nationalising assets that make money (like airports)? Why would the public want that?
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The last time I tried it, it was $4.50 if you had a boarding pass. How many crew have one of them.
I remember my holiday to the states last year. Flew into Ragan National Airport.,$2.90 for a train ticket into the city.
If you are Brisbane based the sky train is free from the city if in uniform.
Sydney blows.
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Change Plan - Same folly different year
'Change Plan' doesn't seem to be working yet. The airline is still bleeding money and the latest profit forecast seems to be sitting in the same ball park as in previous years - minimal to deficit. Perhaps the structure of the organisation with its myriads of 'specialists', 'team leads' and 'managers' is blocking the road going forward ? The place still has a plethora of nimwits in charge of departments and these nimwits have been around for the past decade, it is time for JB to weild the final axe blow on these incompetents if transformation of the airline is to be completed properly and successfully.
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'Change Plan' doesn't seem to be working yet. The airline is still bleeding money and the latest profit forecast seems to be sitting in the same ball park as in previous years - minimal to deficit.
Join Date: May 2009
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Cactus, do you mean to say that you were expecting things to change in the blink of an eye? Surely you're not that ignorant. This is something that'll be another couple of years before the change is really noticed. The trick, in the meantime, is to keep it from going off the rails until things actually do start to improve.
Problem is more and more bubble heads day by day are put in charge of key front line decisions, they arent worth wiping the dog**** off your shoes on in reality, makes it very frustrating.
Problem is more and more bubble heads day by day are put in charge of key front line decisions, they arent worth wiping the dog**** off your shoes on in reality, makes it very frustrating.
So Cactus - if it can be done without revealing your secret identity (sounds like a super hero 
) how about telling us about your extensive experience in airline management.
It seems to me that there are plenty of people here ready to call others nitwits and other colorful names when they themselves have not the slightest idea about managing their own small part of the world let alone managing a department.
Think about what you would do differently, and the have a think about maybe why the person in the role cannot do things differently. It isn't a matter of snapping your fingers and making it happen, everyone, even JB, has a boss and everyone is accountable to someone else, so unless you can turn each department of the airline into a dictatorship that has the ability to TELL not request them to do something, you are not going to achieve half of what you would like to achieve.
) how about telling us about your extensive experience in airline management.It seems to me that there are plenty of people here ready to call others nitwits and other colorful names when they themselves have not the slightest idea about managing their own small part of the world let alone managing a department.
Think about what you would do differently, and the have a think about maybe why the person in the role cannot do things differently. It isn't a matter of snapping your fingers and making it happen, everyone, even JB, has a boss and everyone is accountable to someone else, so unless you can turn each department of the airline into a dictatorship that has the ability to TELL not request them to do something, you are not going to achieve half of what you would like to achieve.
Last edited by Dehavillanddriver; 2nd Apr 2011 at 04:57.