Virgin/Alliance
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Virgin/Alliance
The latest talk around BNE is that the new investments in Virgin has prompted talk of an alliance or major stake in Alliance so that they could tie up WA and feed the FIFO pax in to the Virgin network.
Looks like QF is going to take a bath on all fronts. With a Virgin stake Alliance will be able to drown Network in any contract bid.
Interesting times ahead.
Looks like QF is going to take a bath on all fronts. With a Virgin stake Alliance will be able to drown Network in any contract bid.
Interesting times ahead.
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Can't see the point in taking a stake in Aliiance, as they will have Skywest to complete in the FIFO markets in both WA and QLD using the F100's and in the future most likely using EJets that they take from Virgin.
I'd believe this. Seen F100 branded with Alliance all over it yet operating under a 'Velocity' call sign at YWLM last two days.
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Virgin probably will keep using Alliance on ad-hoc and contract basis to keep up with demand...
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Virgin/Alliance
Alliance Stock put on hold. Latest report on their website 13.6 million shares sold at $1.85 with the intention to raise $25 million and purchase 5 jets. Look at their financial report, it's a profitable company with the airline winning more contracts.
Their business model just on pilot salaries alone is lower than Sky West's, compare their Enterprise Agreements. They are also winning contracts from Sky West. This company is a force to be reckoned with and it's only a matter of time one of the big operators will see the benefits of taking them over.
Good to see them doing well. Keep going Scott.
Their business model just on pilot salaries alone is lower than Sky West's, compare their Enterprise Agreements. They are also winning contracts from Sky West. This company is a force to be reckoned with and it's only a matter of time one of the big operators will see the benefits of taking them over.
Good to see them doing well. Keep going Scott.
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The latest talk around BNE is that the new investments in Virgin has prompted talk of an alliance or major stake in Alliance so that they could tie up WA and feed the FIFO pax in to the Virgin network.
Another company keeping salaries low. Is that a cause for celebration?
Discuss, AJ and LC. Why is it that the most highly paid aviation workers (Qantas) are also the most dissatisfied? Maybe they're missing that special little something, i.e. value, self worth, respect, gratitude?
Me, whatever the salary was I'd far rather work for Alliance than Qantas. Just from what I hear 'round the campfire.
Last edited by Worrals in the wilds; 1st Nov 2012 at 14:51.
Maybe salary isn't all that's important to employees, if they work for a good company that respects them. Maybe their workers are happy working for a company that values their skills and input and are happy to take a lower pay as a result. Maybe it's not always about the mighty dollar.
Last edited by neville_nobody; 1st Nov 2012 at 23:43.
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Why would they buy a second FIFO operator?
Last I saw Alliance had a PE ratio of about 10... it appears Virgin valued Skywest at 16... so by their rationale Alliance would be good value.
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Why is it that the most highly paid aviation workers (Qantas) are also the most dissatisfied? Maybe they're missing that special little something, i.e. value, self worth, respect, gratitude?
Instead of doing absolutely everything to keep the profitability of the company up (and allow the high wages to continue) it seems many Qantas employees attack it at every opportunity.
But it seems the only gratitude that people want is higher wages, something that happens much more easily at the lowest paying employer rather than the highest, instead of looking at their relative lot.
Quite bizarre really.