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VS narrows its losses

Posted:
24 Apr 2014, 09:55
by gumshoe
Oops, naughty me for copying & pasting.
Anyway, they've halved their annual losses to £51m, still expect to be in profit by the end of the year and carried nearly 6.2m passengers last year.
http://www.theguardian.com/business/201 ... um-economy
Re: VS narrows its losses

Posted:
24 Apr 2014, 10:19
by gumshoe
More: it's all about the Dreamliners and Little Red is picking up.
http://online.wsj.com/news/articles/SB1 ... 39394.html
Re: VS narrows its losses

Posted:
24 Apr 2014, 13:46
by honey lamb
Ahem! v(
Please modify these posts accordingly
Re: VS narrows its losses

Posted:
24 Apr 2014, 17:22
by Silver Fox
gumshoe wrote:More: it's all about the Dreamliners and Little Red is picking up.
http://online.wsj.com/news/articles/SB1 ... 39394.html
Don't have a login for WSJ, what are they saying about Dreamliners as they don't have any yet do they ?
Re: VS narrows its losses

Posted:
24 Apr 2014, 19:57
by gumshoe
Not yet, the first one's due to enter revenue service in Oct on the BOS route.
Craig Kreeger says they may exercise their option to buy more in the "near term".
Re: VS narrows its losses

Posted:
24 Apr 2014, 20:08
by at240
Do we have a sense of how confident VS are about the October BOS entry into service? I've been looking to see if the aircraft type is loaded in the booking system, but I can't see anything yet.
Re: VS narrows its losses

Posted:
25 Apr 2014, 14:00
by Darren Wheeler
Losses down. Passenger numbers up. Revenue per k/m up.
While not the recovery to profit we'd like to see, it is at least a sign the corner has been turned.
http://www.virgin-atlantic.com/gb/en/fo ... ntent.html
Re: VS narrows its losses

Posted:
25 Apr 2014, 15:17
by Darren Wheeler
at240 wrote:Do we have a sense of how confident VS are about the October BOS entry into service? I've been looking to see if the aircraft type is loaded in the booking system, but I can't see anything yet.
I doubt MMB will show anything outside the current fleet until the 787 actually arrives and goes into service. Just in case Boeing have any delays in delivering, fitting, paining etc. Will also stop complaints of "I only booked because it showed a 787. but we got an A330..."
Re: VS narrows its losses

Posted:
25 Apr 2014, 15:40
by PaulS
How confident are VS that they will have these aircraft for October. Even Air NewZealand who are the launch customer aren't flying until mid October the the production list below doesn't even feature VS
http://www.planespotters.net/Production ... =2&sort=ln
Re: VS narrows its losses

Posted:
25 Apr 2014, 15:51
by Darren Wheeler
When was that list updated last?
Re: VS narrows its losses

Posted:
25 Apr 2014, 16:03
by PaulS
Darren Wheeler wrote:When was that list updated last?
It shows that last delivery as the 23/4/14 so I think they keep up to date.i know that BA were expecting two 787/8 this month but they haven't been delivered as yet and also the A380 are running behind
Re: VS narrows its losses

Posted:
26 Apr 2014, 22:15
by loonyball
the sooner they blow out the 330's the happier this paying customer will be, flown them a couple of times and i avoid them like the plague these days.
Re: VS narrows its losses

Posted:
26 Apr 2014, 22:16
by loonyball
the sooner they blow out the 330's the happier this paying customer will be, flown them a couple of times and i avoid them like the plague these days.
Re: VS narrows its losses

Posted:
26 Apr 2014, 23:06
by Darren Wheeler
loonyball wrote:the sooner they blow out the 330's the happier this paying customer will be, flown them a couple of times and i avoid them like the plague these days.
You're going to have a long wait or limited route choices. The 330's are here to stay.