Virgin's TigerAir losing $2 million a week
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The Australian aviation sector was destroyed the day the FAC was formed back in the 80s.
It added so much cost onto everything that GA died and the airlines became more and more expensive to operate thus the public copped it.
It has just gone from bad to worse since then regardless of who the operator is.
If the industry was a horse you'd shoot it.
It added so much cost onto everything that GA died and the airlines became more and more expensive to operate thus the public copped it.
It has just gone from bad to worse since then regardless of who the operator is.
If the industry was a horse you'd shoot it.
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The reason why there is no tram or light rail link to Tullamarine is that the Victorian State Government signed a deal with the owners of Melbourne's tollways that they would never build one.
Not so sure Anthill :
Public Transport Users Association (Victoria, Australia) » Myth: The Citylink contract forbids airport trains
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mmmmmmmmmmmmmmmmmmmmmm
Public Transport Users Association (Victoria, Australia) » Myth: The Citylink contract forbids airport trains
mmmmmm
mmmmmmmmm
nnnnnnnnn
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mmmmmmmmmmmmmmmmmmmmmm
Last edited by TWT; 29th Jul 2014 at 13:25.
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.
So much so for Tony Davis and his planned fleet of 72 aircraft. He was a disaster.
Wrong Tigerair there buddy.
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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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.
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.