Virgin puts brakes on VARA
Big difference between Mainline and QLink.
Very doubtful there'll be any operational losses at Link. At the rate crew are leaving, attrition will take care of any excess crew!
Very doubtful there'll be any operational losses at Link. At the rate crew are leaving, attrition will take care of any excess crew!
Join Date: Jun 2006
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Hmmm: BIG WORRIES for new CP
Virgin plane suffers two mid-air incidents, one resulting in woman breaking leg
An investigation is underway into a flight that left a Virgin Australia crew member with a broken leg, and another incident involving the same plane a few days later.
The female crew member was injured when the ATR-72 turbo prop encountered severe turbulence on a flight from Canberra to Sydney last month.
Virgin says the plane was inspected by an engineer and cleared to fly.
Five days later, during a flight to Albury in New South Wales, the pilot reported a possible bird strike.
He later found the aircraft had been damaged.
The Australian Transport Safety Bureau says the plane remains on the ground at Albury.
The bureau is interviewing crew and maintenance personnel and examining the flight recorder.
Another " experienced " 457 Visa holder FO at work...
An investigation is underway into a flight that left a Virgin Australia crew member with a broken leg, and another incident involving the same plane a few days later.
The female crew member was injured when the ATR-72 turbo prop encountered severe turbulence on a flight from Canberra to Sydney last month.
Virgin says the plane was inspected by an engineer and cleared to fly.
Five days later, during a flight to Albury in New South Wales, the pilot reported a possible bird strike.
He later found the aircraft had been damaged.
The Australian Transport Safety Bureau says the plane remains on the ground at Albury.
The bureau is interviewing crew and maintenance personnel and examining the flight recorder.
Another " experienced " 457 Visa holder FO at work...
Profit/Loss is an indicator of the overall performance of a business for a year. Its a direct measure of whether the company gained or lost ground financially during the period.
Cash flow is a measure of the companies ability to conduct its business, pay bills, repay loans, pay staff etc. This includes procedes from borrowings etc.
VAH made a loss last half, but it actually improved its cash position by about $200m with $933m worth of borrowings. As a result net long term liabilities increased accordingly.
The more liabilities you have the greater the cash position required to prove that business will continue to operate smoothly.
If you compare this to Rex for example the company operates with small cash reserves due to almost no debt position, positive cash is reinvested directly into the company.
Cash flow is a measure of the companies ability to conduct its business, pay bills, repay loans, pay staff etc. This includes procedes from borrowings etc.
VAH made a loss last half, but it actually improved its cash position by about $200m with $933m worth of borrowings. As a result net long term liabilities increased accordingly.
The more liabilities you have the greater the cash position required to prove that business will continue to operate smoothly.
If you compare this to Rex for example the company operates with small cash reserves due to almost no debt position, positive cash is reinvested directly into the company.
Join Date: May 2006
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You gotta love such nice posts...
Another " experienced " 457 Visa holder FO at work...
I am delighted to see that someone who can hide behind such an imaginative name ( DutyOf Care ) can enlighten us in such a constructive way.
Though I am a bit disappointed that the ATSB has not offered you a position as a lead investigator yet.
Investigations would be wrapped up swiftly...Just a quick look at a crew member's nationality could suffice.
I am going to refrain myself from falling as low as you and to the invaluable moral dimension of your intervention by wishing you the most amazing international flying career in North Queensland.
May the events of life prevent you from going abroad dear aviator...
Another " experienced " 457 Visa holder FO at work...
I am delighted to see that someone who can hide behind such an imaginative name ( DutyOf Care ) can enlighten us in such a constructive way.
Though I am a bit disappointed that the ATSB has not offered you a position as a lead investigator yet.
Investigations would be wrapped up swiftly...Just a quick look at a crew member's nationality could suffice.
I am going to refrain myself from falling as low as you and to the invaluable moral dimension of your intervention by wishing you the most amazing international flying career in North Queensland.
May the events of life prevent you from going abroad dear aviator...
Last edited by discus2; 8th Mar 2014 at 22:41.
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Juzanutherpilot..Yep, your totally correct .. How terribly remiss of me to post such a thing...
I'll try again... The ATR operation is failing, the profits are not there, the yield is poor, pretty soon, VARA will be wrapped up, to make way for more efficient and high yielding airlines...
In my 28 years of flying how could I possibly be so wrong in my assumptions...
I'll try again... The ATR operation is failing, the profits are not there, the yield is poor, pretty soon, VARA will be wrapped up, to make way for more efficient and high yielding airlines...
In my 28 years of flying how could I possibly be so wrong in my assumptions...
Join Date: Nov 2004
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Can't people even spell and punctuate the English language anymore?
I thought there was a requirement to have a pass in English at least in Year 12
I thought there was a requirement to have a pass in English at least in Year 12
Come on Westboundflyer, just roll with the punches!
Good mate of mine is a Captain with VA, been there almost since the beginning. You will not find a better aviator than this bloke. But his punctuation and spelling is atrocious.
Having said that, take Normasars's advice. Spell check is your friend.
Good mate of mine is a Captain with VA, been there almost since the beginning. You will not find a better aviator than this bloke. But his punctuation and spelling is atrocious.
Having said that, take Normasars's advice. Spell check is your friend.