Qantas still has the biggest share of corporate and government travel contracts. This should have some thinking of VBA as at least a back up option.
This should be good news in the long term, putting VBA on the corporate radar and once they get a foot in the door hopefully they can start converting more corporate and government business, this is on of John Borgetti's top priorities for VBA as the profit margins are much greater than for leisure travel.
VBA Price at posting:
34.5¢ Sentiment: LT Buy Disclosure: Held