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VAH

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8.6¢ virgin australia holdings limited

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OzJ

1,053 Posts.

169

13/10/17

20:43

Post #: 27897228

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

You’re a glutton for punishment. How can you look at these numbers and keep investing in Virgin? Put your money somewhere else and come back here when the current management is gone.

VAH Price at posting: 18.5¢ Sentiment: Sell Disclosure: Not 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-158

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