VA pilots worried about employment 2021
Join Date: Sep 2002
Location: Australia
Posts: 751
Likes: 0
Received 0 Likes
on
0 Posts
And why isn’t he being investigated for his actions at Virgin?
It’s just unbelievable!!!
Join Date: Oct 2013
Location: New Zealand
Age: 71
Posts: 1,475
Likes: 0
Received 0 Likes
on
0 Posts
Sorry for the thread drift.
Last edited by havick; 4th Mar 2020 at 23:38.
Join Date: Jun 2019
Location: Denmark
Posts: 0
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Aug 2009
Posts: 509
Likes: 0
Received 0 Likes
on
0 Posts
his appointment most likely going to result in costing operators even more for airport usage.
Does the board decide pricing? I thought that would be determined by the commercial team... Whilst the monopolistic cartel that is airports continue to damage airline margins through the exorbitant pricing - airports need to remember that without airlines - they have no airport (or revenue).
Does the board decide pricing? I thought that would be determined by the commercial team... Whilst the monopolistic cartel that is airports continue to damage airline margins through the exorbitant pricing - airports need to remember that without airlines - they have no airport (or revenue).
The board drives the direction of the company/entity.
As a side note, you don’t think previous performance won’t dictate future actions? I give it 18 months until they (Airports) start moving even further away from core business and having everyone else pay for it with given Borghetti’s previous track record.
Ultimately the industry pays for any airport cost increases.
Just look at CASA, the board ultimately approved the cost recovery method.
The board drives the direction of the company/entity.
As a side note, you don’t think previous performance won’t dictate future actions? I give it 18 months until they (Airports) start moving even further away from core business and having everyone else pay for it with given Borghetti’s previous track record.
Ultimately the industry pays for any airport cost increases.
The board drives the direction of the company/entity.
As a side note, you don’t think previous performance won’t dictate future actions? I give it 18 months until they (Airports) start moving even further away from core business and having everyone else pay for it with given Borghetti’s previous track record.
Ultimately the industry pays for any airport cost increases.
The industry doesn't pay. The customers do...
Join Date: Oct 2013
Location: New Zealand
Age: 71
Posts: 1,475
Likes: 0
Received 0 Likes
on
0 Posts
Does the board decide pricing? I thought that would be determined by the commercial team... Whilst the monopolistic cartel that is airports continue to damage airline margins through the exorbitant pricing - airports need to remember that without airlines - they have no airport (or revenue).
Join Date: Apr 2010
Location: Asia
Posts: 1,030
Likes: 0
Received 0 Likes
on
0 Posts
And to think all of PS changes are under the same Chairperson who oversaw the operation under the previous fella who created all this cost.
Its like she just fronts up at a AGM and reads the autocue once a year?
Has anyone even seen the Chair on the line assisting or asking for feedback/etc..?
Its like she just fronts up at a AGM and reads the autocue once a year?
Has anyone even seen the Chair on the line assisting or asking for feedback/etc..?
Airport property is a lisense to print money. It’s certainly the cheaper alternative these days to have a third party caterer working from an off-airport site donthe catering and cleaning, depending on location of course. And T-Vasis is correct - margin loans for purchasing shares is crazy, unless you are an inside trader. Then again, some people have been burned brutally by property too, buying during the mining peak in places like Karatha, Emerald, Moranbah and so the list goes on and on.
you would have to be out of your mind to buy VA stock now. Well I will caveat that by saying if you want to treat it like a hand of poker at the casino then go ahead.
negative book value ...massive debt, unsustainable debt . Corporate bonds nobody wants ..
https://www.marketscreener.com/VIRGI...65/financials/
and that is before the effects of the virus which nobody knows how bad will be. But it will be bad and any bad is not something a struggling airline needs. It finally killed Flybe and it will kill more airlines.
Join Date: Aug 2009
Posts: 509
Likes: 0
Received 0 Likes
on
0 Posts
Just look at CASA, the board ultimately approved the cost recovery method.
But isn't CASA a government entity versus an airport which is a private enterprise that is motivated primarily by commercial gain and shareholder value?
Join Date: Oct 2010
Location: Ardmore, New Zealand
Posts: 85
Likes: 0
Received 0 Likes
on
0 Posts
you would have to be out of your mind to buy VA stock now. Well I will caveat that by saying if you want to treat it like a hand of poker at the casino then go ahead.
negative book value ...massive debt, unsustainable debt . Corporate bonds nobody wants ..
https://www.marketscreener.com/VIRGI...65/financials/
and that is before the effects of the virus which nobody knows how bad will be. But it will be bad and any bad is not something a struggling airline needs. It finally killed Flybe and it will kill more airlines.
negative book value ...massive debt, unsustainable debt . Corporate bonds nobody wants ..
https://www.marketscreener.com/VIRGI...65/financials/
and that is before the effects of the virus which nobody knows how bad will be. But it will be bad and any bad is not something a struggling airline needs. It finally killed Flybe and it will kill more airlines.
What happens if HNA can’t sell their share - or is that unlikely as someone, somewhere will purchase the shares at a ridiculously low price?
Join Date: Oct 2013
Location: New Zealand
Age: 71
Posts: 1,475
Likes: 0
Received 0 Likes
on
0 Posts
It will be interesting to see how Scurrah will handle the current issues at Virgin, which realistically commenced 2 decades ago and are now gaining momentum. Oh well, if they fold, the Fuhrer will get a parachute into a new CEO role or as a a Board Director somewhere.
The day Virgin stopped being an all 737 configuration was the beginning of this slow, painful end. Where are the Village Idiots and ‘specialists’ now?