Results day and more news.

[medhead]

Now why did I know it would be you who would quibble at such a minor detail as $5.998 billion?:shock:

What was I thinking?! No need to quibble over the church money.

 

[UP4014]

But worse than 6.5% you can get at Rabobank for a term deposit.Why run an airline?

Not so much run one, but why invest in one.

Great Aviation Quotes: Airline Business

People who invest in aviation are the biggest suckers in the world.

— David G. Neeleman, after raising a record $128 million to start New Air (the then working name for what became JetBlue Airways), quoted in Business Week, 3 May 1999.​

​

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[777]

Pretty sure rabobank wouldn't give you a term deposit for $6 billion. More like a $2million cap.

Ahh, yes, we've all had the hassles of trying to find someone to take our $6 bn deposit.

 

[straitman]

Pretty sure rabobank wouldn't give you a term deposit for $6 billion. More like a $2million cap.

Well then why not just spread the love around a bit :?:

 

[pauly7]

But worse than 6.5% you can get at Rabobank for a term deposit.Why run an airline?

Only 6.5 for the first couple of months

 

[moa999]

QFs $550m for the year doesn't look that great when you consider they had already earned more than $400m for the half

 

[markis10]

QFs $550m for the year doesn't look that great when you consider they had already earned more than $400m for the half

That will teach them to upset their WPs, anytime access was costing them more than they thought, when they stopped it!

 

[JohnK]

Qantas results in brief (full year)

Underlying profit before tax: $552 million

And here I was thinking that Qantas was really struggling with all those increases to airfares and fees.

 

[markis10]

Results for DJ are being loaded onto the ASX website now.

 

[markis10]

The international ops are showing good figures, with 26% share of the ex Aus market by 2012, or similar to QF/JQs current status.

 

[UP4014]

Virgin's results....$66.6M loss.


scroll down the announcements
VIRGIN BLUE HOLDINGS LIMITED (VBA) - ASX Listed Company Information Fact Sheet

[h=2]

[/h]

 

[DJ 1D]

Within guidance but higher than some expected.

 

[futaris]

I think everyone else is focussed on the Velocity Rewards -> Velocity Frequent Flyer changes here...

 

[markis10]

I wonder how many stock brokers were chasing a status match today, the market certainly like the news:

 

[pauly7]

I think everyone else is focussed on the Velocity Rewards -> Velocity Frequent Flyer changes here...

Yes good tactic by Virgin!

Announce great improvement to FF program, bury the fact still bleeding cash.

I hope they get sustained support this time and finally start making some money.

 

[DJ 1D]

Yes good tactic by Virgin!

Announce great improvement to FF program, bury the fact still bleeding cash.

I hope they get sustained support this time and finally start making some money.

That's a very naive assessment of the current situation.