VAH 0.00% 8.6¢ virgin australia holdings limited

http://www.iol.co.za/business/international/branson-a-great-belie...

  1. 132 Posts.
    http://www.iol.co.za/business/international/branson-a-great-believer-in-virgin-australia-2026531
    A slightly even more positive version of the interview from Richard Branson. As a result the SP of AIZ went up 3%.
    VAH should have gone up too but went down instead because some people are still selling at around 27.5 cents (particularly yesterday between 4.00 and 4.10pm)??? Any views on why that is the case?

    In addition to the above news story here some more positives:
    -In April 2016 Virgin Australia achieved the highest on time arrivals among the major domestic airlines at 92.1 per cent followed by Qantas at 90.8 per cent, Tigerair Australia at 89.6 per cent and Jetstar at 82.9 per cent.
    https://bitre.gov.au/statistics/aviation/otp_month.aspx
    -Real Domestic Air Fare Index: Both April and May 2016 better than last year (and that on the back of much lower fuel prices can surely mean only one positive news!)
    https://bitre.gov.au/statistics/aviation/air_fares.aspx
    -Virgin now in top 10 of safest airlines globally (Qantas came 1st followed by Virgin America)
    http://www.independent.co.uk/travel...20-safest-airlines-in-the-world-a7048881.html

    -And if investors argue that the oil price has gone up recently (still 50% lower than two years ago and it does not look like it will increase much further but may actually come down a bit again), one could also see this as a good thing. Finally VAH’s hedging strategy will benefit them (more than their competitors) and demand for (business) travel will go up (as equities go up, the economy improves and businesses will be willing to spend more on travel).
 
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