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ML173

7,495 Posts.

19/10/17

09:06

Post #: 28018950

Originally posted by hitang ↑

This article is very discouraging, especially to virgin.

Why do investors keep ploughing money into airlines when they lose so much money?
http://www.abc.net.au/news/2017-10-12/why-investing-in-airlines-is-a-dumb-idea/9040916

Year Qantas result under Alan Joyce Virgin Australia result under John Borghetti

1 2017 $853m profit $186m loss

2 2016 $1.03bn profit $225m loss

3 2015 $560m profit $94m loss

4 2014 $2.84bn loss $354m loss

5 2013 $2m profit $98m loss

6 2012 $244m loss $23m profit

7 2011 $249m profit $68m loss

8 2010 $116m profit

9 2009 $123m profit

10 Overall $155m loss $1bn loss

Again, it an article and Qantas is at $6.
Cheers

Expand

Virgins investors are mostly major airlines. They are taking strategic positions in the Australian market for future expansions...Hence not too concern about profit !

VAH Price at posting: 19.0¢ Sentiment: None Disclosure: Held

1 Upvote

0 Great analysis

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	Year	Qantas result under Alan Joyce	Virgin Australia result under John Borghetti
1	2017	$853m profit	$186m loss
2	2016	$1.03bn profit	$225m loss
3	2015	$560m profit	$94m loss
4	2014	$2.84bn loss	$354m loss
5	2013	$2m profit	$98m loss
6	2012	$244m loss	$23m profit
7	2011	$249m profit	$68m loss
8	2010	$116m profit
9	2009	$123m profit
10	Overall	$155m loss	$1bn loss

There is light..., page-163

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