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  #231  
Old 27th June 2017, 10:32 AM
Yusef D Yusef D is offline
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Anyone remember what regos come after YF... runs out? I seem to recall YT. Looks like several more -800s coming before 8 max. and only 1 or 2 YF regos left. YFY coming dow the production line now.
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  #232  
Old 27th June 2017, 08:04 PM
Rob R Rob R is offline
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Quote:
Originally Posted by Yusef D View Post
VA has said they want to keep some 738s to third 6 check, 18 years! That's getting a little mature for my liking, when the company fleet plan so far is built on deriving high utilisation from fresh reliable airframes. VA isn't QF. The latter has extensive in house heavy maint facilities and experience. This concerns me. Hopefully (for me) the airframes will age at TT.

It'll be a long time before TT get Yankee Foxtrot anything. There are still Victor series airframes to hand down (including BZG). Yankee Indias even less likely as they're optimised for longer international flights, and are a little heavier.
But there are plans to expand TT into short haul international, so the YI frames will assist this.

Looks like the experts thing VA are on the right track.

http://australianaviation.com.au/201...ive-to-stable/
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  #233  
Old 1st July 2017, 12:34 AM
Ellis Taylor Ellis Taylor is offline
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Quote:
Originally Posted by Yusef D View Post
Anyone remember what regos come after YF... runs out? I seem to recall YT. Looks like several more -800s coming before 8 max. and only 1 or 2 YF regos left. YFY coming dow the production line now.
Virgin only has three more -800s on order and four will come off lease in 2019, so it should I don't think running out of regos will be an issue.

While having one fleet across TT/VA should bring about strong ongoing savings, particularly on MRO, dumping TT's A320 fleet early is going to cost them a pretty penny, especially as most of them are early in their leases.

The sky isn't falling in at VA. Standard & Poor's upgraded their outlook on them from negative to stable, and expects that their profits will start to rise soon as the capacity rises wash through. The shareholders are committed and have backed the better business programme, which is starting to deliver. She'll be right mate.
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  #234  
Old 2nd July 2017, 10:26 AM
lloyd fox lloyd fox is offline
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BAC monthly summaries has the next 2 737's on delivery on 23 July and 6 SEP from BFI.

Cheers.
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  #235  
Old 2nd July 2017, 04:22 PM
Radi K Radi K is offline
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Virgin is one major shock away from collapse; it just doesn't have the capital in the bank to sustain a SARS/Terrorist Attack/Fuel Shock. The departure of John Thomas is not good at all.
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  #236  
Old 3rd July 2017, 07:09 PM
Rob R Rob R is offline
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More positive news.

https://www.businessinsider.com.au/v...shortly-2017-7
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  #237  
Old 4th July 2017, 05:34 PM
Greg McDonald Greg McDonald is offline
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Can't afford to have Virgin fail. If they do it will just be a green light for Qantas to rape us as they used to do....
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  #238  
Old 8th July 2017, 02:05 PM
Jarden S Jarden S is offline
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What if the existing shareholders don''t want to pump in another $500m? Where would Virgin get the money to cover for the next operating loss. Banks won't give them a dime it is looking very dicey for them now!!!
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  #239  
Old 8th July 2017, 02:56 PM
MarkR MarkR is offline
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Quote:
Originally Posted by Jarden S View Post
What if the existing shareholders don''t want to pump in another $500m? Where would Virgin get the money to cover for the next operating loss. Banks won't give them a dime it is looking very dicey for them now!!!
They have agreed to $852m last year, no what if to contemplate, especially as that raising was completely underwritten. Non cash impairment and costs will be $400m by 2019 as a result of the restructure, and by that time they forecast $300m gain in net free cash flow savings.

Debt is down (from 7x to 4.2x in three years), they had record cash holdings of $1.5b at the end of last year and $1.3b at the end of q3 2016-17.

Last edited by MarkR; 8th July 2017 at 03:06 PM.
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  #240  
Old 13th July 2017, 08:35 AM
Yusef D Yusef D is offline
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VH-YFY delivery due 24 July.
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