Originally Posted by
iflysky
BTW Virgin Blue (Aussies) is one of the most profitable airlines in the world after Ryan Air and just aquired couple B777 for Auss-US flights , oh and Virgin Nigeria is doing pretty well so is Virgin Atlantic. Also Virgin Russia is on its way.
virgin blue is owned by Toll holdings, wich is a huge tranportation componay in Australia, the virgin group owns a minority stake of the airline and it is not involved on V-Blue, wich is the 777 operation. it has 55 airplanes, and their only real competition is quantas, hardly the same market as US and Europe.
Virgin Nigeria has 7 planes, and they came to replace the bankrrupted goverment owned nigerian airlines, so they have the same small goverment market monopoly, plus the cash came from nigerian investors ( oil I assume?)
Virgin Atlantic is 49% owned by singapore aielines, has 19 planes.when it started it was competing agains BA .
point is , the only time they had real comoetition (europe "domestic") they failed (virgin express). the US domestic has real competition too. I would not get too cocky.