VAH 0.00% 8.6¢ virgin australia holdings limited

Good article:...

  1. 827 Posts.
    lightbulb Created with Sketch. 293
    Good article:
    http://www.theaustralian.com.au/bus...s/news-story/9eda0b17e23e822d2715a28335dcde50

    For those who don't have the time to read the full article here two of the most interesting paragraphs:
    .....
    “I am a big believer in putting the dead cat on the table and talking about it,” he tells The Weekend Australian. “Sometimes you just need to put that hard-nosed business hat on and make the tough calls.”
    .....
    Sharp won’t comment on numbers but it is understood Tigerair’s revenues rose in January compared with a year ago despite the Bali disruptions. Sharp makes the point that Tigerair’s Bali operations were only a small part of its overall business: five flights a day out of an average 80 flights the airline operates daily.
    The Bali flights were less than 10 per cent of Tigerair’s total capacity and less than 7 per cent of its daily flights. And Sharp is not about to give up on the budget carrier’s international ambitions.
    “We’ve identified several domestic and short-haul international growth opportunities, and we can redeploy the assets and systems we had in place for Bali flights to these opportunities. We can do this pretty seamlessly,” he says.
    Last edited by avinvest: 05/02/17
 
watchlist Created with Sketch. Add VAH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.