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Forum: Australia, New Zealand & the Pacific

26th Mar 2022, 06:42

Replies: 398

Virgin 3.1

Views: 180,674

Posted By crosscutter

Frankly, it’s a win for AS. It sets him up. He’s...

Frankly, it’s a win for AS. It sets him up. He’s a strange cat who has thrived in the deputy role and is the perfect foil to implement the direction set by JH. He would sell his family to be seen to...

Forum: Australia, New Zealand & the Pacific

25th May 2021, 04:11

Replies: 398

Virgin 3.1

Views: 180,674

Posted By crosscutter

$1.4B amount of wiggle in FY20. So far this FY,...

$1.4B amount of wiggle in FY20. So far this FY, the A380s have been further reduced in value by $116M.

Forum: Australia, New Zealand & the Pacific

24th May 2021, 01:39

Replies: 398

Virgin 3.1

Views: 180,674

Posted By crosscutter

Amaaazing it will be. There is no denying the...

Amaaazing it will be. There is no denying the debt. It is significant. Fact is the (owned) A380s have a book value now of less than $40M each (value of spare parts). The fleet has been written down...

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