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Search: Posts Made By: virginexcess
Showing results 1 to 35 of 159
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Forum: Australia, New Zealand & the Pacific
5th May 2024, 05:31
Replies: 320
Views: 163,295
Posted By virginexcess

As someone who has a little bit of experience in...

As someone who has a little bit of experience in this arena, I can assure you that the only path to a better outcome is to convince the company you are prepared to take industrial action. Without...
Forum: Australia, New Zealand & the Pacific
15th Feb 2024, 06:22
Replies: 1,549
Views: 535,899
Posted By virginexcess

Just sayin' From The Australian

Just sayin'

From The Australian
Forum: Australia, New Zealand & the Pacific
29th Jan 2024, 01:48
Replies: 320
Views: 163,295
Posted By virginexcess

There will never be a better time than now to go...

There will never be a better time than now to go for the throat. With a weak labor government totally beholden to the unions, you guys need to press your reps for industrial action asap. If you miss...
Forum: Australia, New Zealand & the Pacific
21st Apr 2020, 12:22
Replies: 223
Views: 90,773
Posted By virginexcess

I don't think anyone is suggesting it will be...

I don't think anyone is suggesting it will be bigger. But I don't think you need to be an accountant to work out that if there's maybe $3bn less debt ($240m saved in interest payments). 330 leases...
Forum: Australia, New Zealand & the Pacific
21st Apr 2020, 08:05
Replies: 223
Views: 90,773
Posted By virginexcess

The business is going to survive, that’s...

The business is going to survive, that’s reasonably clear. The question is what will it look like. No job losses seems like a bit of a pipe dream, but remember all of tiger and all of VANZ have...
Forum: Australia, New Zealand & the Pacific
14th Apr 2020, 09:06
Replies: 1,266
Views: 562,532
Posted By virginexcess

The only person that ‘stripped’ anything out of...

The only person that ‘stripped’ anything out of this airline is John Borghetti. His major skillset was facillitating the transfer of large sums of money from gullible investors into his pockets.
Forum: Australia, New Zealand & the Pacific
6th Mar 2020, 19:25
Replies: 815
Views: 481,802
Posted By virginexcess

And therein lies the problem. Your classic...

And therein lies the problem. Your classic australian pilot "what's in it for me" attitude. Or more likely, "if those blokes lose their jobs, then that makes it more likely I'll be able to take...
Forum: Australia, New Zealand & the Pacific
10th Feb 2019, 10:28
Replies: 1,195
Views: 1,336,454
Posted By virginexcess

Attributing that to the AFAP is drawing a pretty...

Attributing that to the AFAP is drawing a pretty long bow. Confirmed commuting rights within the group came as a result of the original 777 EBA that morphed into the WB EBA. Prior to the original LH...
Forum: Australia, New Zealand & the Pacific
2nd Feb 2019, 10:17
Replies: 1,195
Views: 1,336,454
Posted By virginexcess

Virgin is a seniority driven airline, get on the...

Virgin is a seniority driven airline, get on the list as soon as you can, wherever you can. Once you’re on the list, you can go anywhere your seniorty allows. Perth is the least popular base (737...
Forum: Australia, New Zealand & the Pacific
8th Nov 2018, 03:39
Replies: 99
Views: 17,249
Posted By virginexcess

This thread says so much more about pilots, yet...

This thread says so much more about pilots, yet again, than it does about the proposal
Why do we as a group always find ways to belittle the contributions of others, rather than accepting a gift...
Forum: Australia, New Zealand & the Pacific
5th Nov 2018, 09:58
Replies: 99
Views: 17,249
Posted By virginexcess

Just because veterans don't seek recognition is...

Just because veterans don't seek recognition is no reason not to give it.
Forum: Australia, New Zealand & the Pacific
25th Jun 2018, 02:36
Replies: 85
Views: 34,861
Posted By virginexcess

I've met JT several times and I'm definitely a...

I've met JT several times and I'm definitely a supporter, but I am also cognisant of the fact that everyone (including me) was behind JB when he arrived as well. It's very easy to say what you would...
Forum: Australia, New Zealand & the Pacific
23rd Jun 2018, 23:51
Replies: 85
Views: 34,861
Posted By virginexcess

if the revolt fails, I reckon you’ll be right....

if the revolt fails, I reckon you’ll be right. You’d be brave to bet against Borghetti getting his way. To me he makes Macchiavelli look like an amateur.
Forum: Australia, New Zealand & the Pacific
23rd Jun 2018, 12:59
Replies: 85
Views: 34,861
Posted By virginexcess

Article implies etihad may sell shares. If...

Article implies etihad may sell shares. If investor has SQ, Branson and Etihad aligned, that is more than 50% of shares. Doesn’t matter what EB thinks or wants, she will be irrelevant. Boards are in...
Forum: Australia, New Zealand & the Pacific
19th Apr 2018, 08:39
Replies: 194
Views: 53,010
Posted By virginexcess

DD It is exactly that experience that has...

DD

It is exactly that experience that has led me to my current thinking.

It has been my observation that there has been a lot of positives from the two unions, which has effectively been...
Forum: Australia, New Zealand & the Pacific
17th Apr 2018, 22:53
Replies: 194
Views: 53,010
Posted By virginexcess

Most pilots who want to stay in the MBF do so...

Most pilots who want to stay in the MBF do so because of the promise of getting their contributions back when they retire. It is the single biggest factor in most pilots minds when they consider...
Forum: Australia, New Zealand & the Pacific
17th Apr 2018, 03:25
Replies: 194
Views: 53,010
Posted By virginexcess

DD That gets back to my first post where we...

DD

That gets back to my first post where we need an umbrella organisation that encompasses unions/organisations that represent pilots from specific sectors and/or Companies. Income protection/Loss...
Forum: Australia, New Zealand & the Pacific
16th Apr 2018, 21:41
Replies: 194
Views: 53,010
Posted By virginexcess

You really don’t want to let the AFAP cover...

You really don’t want to let the AFAP cover mainline members, that’s will only make things worse, not better. I can’t put it any clearer than IR 101 for management of pilots is “divide and conquer”....
Forum: Australia, New Zealand & the Pacific
15th Apr 2018, 00:41
Replies: 194
Views: 53,010
Posted By virginexcess

LeadSled

AIPA was formed in 1981. Malcolm Fraser was Prime minister and I was barely out of high school.

The Liberal Party was thrown out, re-elected, thrown out and again in power in the period since...
Forum: Australia, New Zealand & the Pacific
13th Apr 2018, 23:47
Replies: 194
Views: 53,010
Posted By virginexcess

I've only briefly scanned the posts on this...

I've only briefly scanned the posts on this thread, but (correct me if I'm wrong) the general gist seems to be a fairly substantial pissing contest about who did what to whom and when, sometime in...
Forum: Australia, New Zealand & the Pacific
30th Jan 2018, 01:06
Replies: 141
Views: 33,258
Posted By virginexcess

I think the data speaks for itself. Millions of...

I think the data speaks for itself. Millions of ETOPS hours flown with no defineable risk increase. Additionally ETOPS is dead and gone, it is now EDTO, where much more than just engine failure is...
Forum: Australia, New Zealand & the Pacific
30th Jun 2017, 22:49
Replies: 166
Views: 122,396
Posted By virginexcess

The astonishing thing about JB is his ability to...

The astonishing thing about JB is his ability to blame everyone else for his problems and get away with it. Either way it doesn't cut it. Either he hasn't had an original idea of his own since he's...
Forum: Australia, New Zealand & the Pacific
21st May 2017, 23:51
Replies: 64
Views: 38,644
Posted By virginexcess

the 1900 days doesn't take into account bond...

the 1900 days doesn't take into account bond maturity. Because our shareprice is so low, balance sheet so rooted and P & L in the toilet, he can't borrow any more money, at least not at sustainable...
Forum: Australia, New Zealand & the Pacific
3rd Apr 2017, 08:02
Replies: 233
Views: 224,511
Posted By virginexcess

That clown exemplifies everything that is bad...

That clown exemplifies everything that is bad about CASA. I highly doubt that the operation will be better off having him there but it does serve to highlight the absolute vaccum of quality aviation...
Forum: Australia, New Zealand & the Pacific
21st Mar 2017, 22:29
Replies: 191
Views: 175,245
Posted By virginexcess

Yes, it would be nice for someone to actually...

Yes, it would be nice for someone to actually say,

"due to inneffective CEO and dysfunctionally paralysed board, we are clueless as to what direction the company is headed. As a result we will...
Forum: Australia, New Zealand & the Pacific
9th Mar 2017, 07:44
Replies: 112
Views: 90,563
Posted By virginexcess

That's my point exactly. He used that capital...

That's my point exactly. He used that capital injection to pay down debt, but is claiming that the paying down of the debt has been a result of normal business. If he was able to pay down debt from...
Forum: Australia, New Zealand & the Pacific
9th Mar 2017, 00:28
Replies: 112
Views: 90,563
Posted By virginexcess

Correct me if I'm wrong, but wasn't the debt paid...

Correct me if I'm wrong, but wasn't the debt paid down from proceeds received as a result of the capital injection from the chinese? If it had been paid from operating profit, then the underlying...
Forum: Australia, New Zealand & the Pacific
5th Feb 2017, 22:08
Replies: 21
Views: 13,473
Posted By virginexcess

Yes, it would be hard to point to a single...

Yes, it would be hard to point to a single individual who has done more for QF in recent years than JB. The hubris of the early years seems to have given way to finger pointing and accusations. It's...
Forum: Australia, New Zealand & the Pacific
5th Feb 2017, 07:56
Replies: 153
Views: 75,934
Posted By virginexcess

To be objective, I doubt the share price is any...

To be objective, I doubt the share price is any measure at all of Virgin's actual value. There are so few shares held by the public that everytime Mrs Smith down the road sells the 500 shares her...
Forum: Middle East
29th Jan 2017, 08:04
Replies: 32
Views: 25,778
Posted By virginexcess

You might note that UAE and Saudi were left off...

You might note that UAE and Saudi were left off his recent list of banned countries, despite 911 being perpetrated by UAE and Saudi citizens. Pehaps it's just a coincidence that the Prez has business...
Forum: Australia, New Zealand & the Pacific
5th May 2016, 22:55
Replies: 50
Views: 37,026
Posted By virginexcess

Anecdotal evidence would suggest that managment...

Anecdotal evidence would suggest that managment have been running fairly lean on crews over the last year or so, so hopefully any capacity cuts will just bring crew numbers back toward normal levels...
Forum: Australia, New Zealand & the Pacific
16th Apr 2016, 08:22
Replies: 15
Views: 11,543
Posted By virginexcess

The problem isn't the time blowout with the seats...

The problem isn't the time blowout with the seats installation. The problem is the stupidity of persisting with an operation that comprises 5 777's. In his fleeting time with Virgin, previous COO was...
Forum: The Pacific: General Aviation & Questions
24th Feb 2015, 09:44
Replies: 22
Views: 15,730
Posted By virginexcess

It's actually 10 days..................... And...

It's actually 10 days..................... And then you can plan for the next 66 days.
Forum: Australia, New Zealand & the Pacific
30th Oct 2014, 09:38
Replies: 35
Views: 15,019
Posted By virginexcess

Just JB sh!t stirring again, while JH is working...

Just JB sh!t stirring again, while JH is working out what to do about Tiger getting 737's!
Forum: Australia, New Zealand & the Pacific
17th Oct 2014, 10:31
Replies: 5,414
Views: 3,725,871
Posted By virginexcess

You are exactly right Sunny. No CEO could...

You are exactly right Sunny.

No CEO could preside over such a destruction of shareholder wealth for such a sustained period without the support of the institutional shareholders.

I might add...
Showing results 1 to 35 of 159
 
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