VAH 0.00% 8.6¢ virgin australia holdings limited

There is light..., page-136

  1. 783 Posts.
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    JB & AJ, are they related ?????Probably JB is planted by Qantas.....

    Let have some good faith...... nobody win if the company don't do well.

    Revisited what JB say in AFR in Aug 17 this year:

    "Borghetti puts this down to growing pains. He says the airline is the fourth phase of its seven-year life. The first was the investment phase where he poured billions into turning a budget airline into a full-service carrier. This was followed by the battle phase when Qantas fought back in a bitter capacity war. The third phase was the repair job when Virgin raised more than $1 billion from shareholders to recapitalise its balance sheet. Borghetti says the fourth phase is getting the airline on the path to sustainable earnings growth.

    "People forget airlines take a while to get going," Borghetti told this column. "This airline has really only been going for six years. We went through that period of heavy investment, we then had to suffer the war [with Qantas]. You dust yourself off, you get up and you say right we've earned the right to exist, it is now time to recapitalise the company and start getting our debt down."

    Maybe give him a bit of time.... also give us more time to accumulate at such a 'cheap' price.

    Cheers
 
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