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Virgin's TigerAir losing $2 million a week

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Virgin's TigerAir losing $2 million a week

Old 25th Aug 2014, 01:09
  #41 (permalink)  
 
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Interesting to hear the Tigerair Group have the entire fleet of 3 x A319's in storage at ASP. In addition they have 11 x A320's either parked or in maintenance.

So much so for Tony Davis and his planned fleet of 72 aircraft. He was a disaster.
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Old 25th Aug 2014, 07:47
  #42 (permalink)  
 
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Wrong Tigerair there buddy.
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Old 25th Aug 2014, 11:31
  #43 (permalink)  
 
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There is something like 25 Aircraft idle as a result of poor decision making and leadership.

Question is, how long until SIA takes full control of Virgin Australia?
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Old 25th Aug 2014, 12:22
  #44 (permalink)  
 
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Etiahad and Air New Zealand might have something to say about that.
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Old 25th Aug 2014, 21:52
  #45 (permalink)  
 
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How long will the major shareholders be prepared to throw good money after bad? They will want to see some return on this significant investment.
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Old 26th Aug 2014, 08:43
  #46 (permalink)  
 
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Tiger Mandala has at least 5 A320s parked at KUL.
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Old 29th Aug 2014, 04:36
  #47 (permalink)  
 
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What a hold load of tosh... seems we cant trust these journo's. Tigerair lost $850k a week compared to $2.2million a week!
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Old 29th Aug 2014, 06:58
  #48 (permalink)  
 
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VIRGINS loss attributed to TIGER was 850k per week, what percentage does Virgin own, Sinapore will be taking a hit on this as well, so what is Tigers total loss?
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Old 29th Aug 2014, 08:03
  #49 (permalink)  
 
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Probably closer to 1.5m a week.

It gets a bit messy as Tiger Airways Holdings report their financials across a April-March period where Virgin reports a July-June.

Either way, the Virgin CEO was pretty confident in the media briefing this morning with Tiger, he basically said Profit is coming FY17.

No mention of profit for Virgin. We might see Tiger making profit before Virgin.
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Old 30th Aug 2014, 01:33
  #50 (permalink)  
 
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The Tiger loss per aircraft /sector/hour flown/passenger in all cases greater than Virgin.

NB. Tiger = Tiger Australia
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Old 30th Aug 2014, 03:21
  #51 (permalink)  
 
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B772, please refrain from using logic on PPRuNe. It has no place here.
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Old 30th Aug 2014, 03:49
  #52 (permalink)  
 
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$1,415,000 a week.

which is just over a 1mill less than the stupid journalists said they were loosing
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Old 30th Aug 2014, 22:30
  #53 (permalink)  
 
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Angry

But the stupid journalists could probably spell "losing"
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Old 30th Aug 2014, 23:31
  #54 (permalink)  
 
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They could... but sometimes they don't. Hence why I misspelled it!
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Old 31st Aug 2014, 21:59
  #55 (permalink)  
 
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Sure........
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Old 4th Sep 2014, 09:04
  #56 (permalink)  
 
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Not sure why people are picking on journalists. Very strange. Maybe our industry could learn a thing or two from theirs.
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Old 4th Sep 2014, 10:31
  #57 (permalink)  
 
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Not sure why people are picking on journalists. Very strange. Maybe our industry could learn a thing or two from theirs.
LOLLLLLLLLLLLLLLLLLLLLLLL!!!!

Please ! What is there to learn from bottom feeders ?
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Old 4th Sep 2014, 11:02
  #58 (permalink)  
 
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We're the ones working our arses off to lose 350/2.5 bil.

You assume they're all cretins and paint them all with the same brush yet would be incensed if they said as much about us.

This industry really is attracting the bottom of the barrel these days. Embarrassing.
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