Australia's largest stock trading and investment forum Australia's #1 stock forum

VAH

0.00%

8.6¢ virgin australia holdings limited

Virgins investors are mostly major airlines. They are taking...

First 163 Last

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

Top Stories

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

There are more pages in this discussion • 51 more messages in this thread...

First 163 Last

Add VAH (ASX) to my watchlist

	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

Virgins investors are mostly major airlines. They are taking...

Top Stories

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

iTech inks deal with Chilean lithium giant to progress Reynolds Range

IP anomaly thrills Cannidah with project extension hopes in QLD

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

Featured News