Originally Posted by
CE750
In today's environment, any airline is better of liquidated for cash, and then re-invested in commodities.. but one has to take a long view if one is to remain in business. There will come pricing power, and the overly inflated cost of oil will re-stabilize... it's a lot of speculation that's keeping it above 60/70 per barrel, and as with the .com or real estate investment du jur bubble, it will also pop.
I hear that.
I'll add: You have to also be able to survive while taking that long view.
Perhaps the investors in VA figure they can see this through and have both the conviction and the dough to do it. I think it has so far shown style, enthusiasm, and a nice focus on a quality product and this industry can definitely use more of that - even if it is a hyper-competitive, overcrowded market. I'll go with style, enthusiasm, and quality any day.