Virgin America future Pacific flying?
06-24-2010 | 09:37 AM
#1
Thread Starter
On Reserve
Joined: Apr 2009
Posts: 18
Likes: 0
Virgin America future Pacific flying?
I heard that VA has looked into widebodies to do Pacific flying (Hawaii, Asia, etc)...is there any truth to this? Was this growth ever part of the original business model?
06-24-2010 | 09:58 AM
#2
Gets Weekends Off
Joined: Nov 2009
Posts: 236
Likes: 0
From: A320
I was just at an interview over there and they did say they were going to get some 321's in the next order to be announced soon. They mentions S America briefly and that they were going to stay away from the caribean routes. But not really anything in detail. He also mentioned that new cities are a very closely gaurded secret that only about 12 people in the country are clued in on.
I know its not much, but I hope that helps.
I know its not much, but I hope that helps.
06-24-2010 | 10:58 AM
#3
Gets Weekends Off
Joined: Mar 2007
Posts: 1,067
Likes: 0
As it stands now, other than Hawaii there will be no trans-Pacific flying under the Virgin name due to Singapore Airlines investment in Virgin Atlantic. This is why Virgin Blue had to create a new airline and use the name V Australia for their 777 operation.
That being said, the Asian market is simply too big and growing too rapidly to ignore long-term. No inside information or anything, just speculation on my part, but it would not surprise me at some point to see some sort trans Pacific venture in the future.
That being said, the Asian market is simply too big and growing too rapidly to ignore long-term. No inside information or anything, just speculation on my part, but it would not surprise me at some point to see some sort trans Pacific venture in the future.
06-24-2010 | 02:42 PM
#4
Line Holder
Joined: Feb 2008
Posts: 330
Likes: 0
From: Professional Expat
The restriction on the use of the Virgin name due to SIA's investment in Virgin Atlantic runs out in August. The word in this part of the world is that the current crop of Virgin Blue Holdings airlines will be re-branded under a single name of Virgin Australia.
I think Virgin America is too young a company and already has enough on it's plate with making a name for itself in the US, to start looking at Trans-Pacific ops. It's taken Virgin Blue 10 years to get to the point where they can start doing Aus-US in widebodies.
I think Virgin America is too young a company and already has enough on it's plate with making a name for itself in the US, to start looking at Trans-Pacific ops. It's taken Virgin Blue 10 years to get to the point where they can start doing Aus-US in widebodies.
06-24-2010 | 06:22 PM
#5
Line Holder
Joined: May 2005
Posts: 1,557
Likes: 32
From: B777/CA retired
What's going on with the spaceship thing? A couple of your guys on my jumpseat said that VA guys would be crewing that operation.
Has the company showed a profit yet? I don't think you would be able to do much more without some profits showing on the bottom line. Of course in this business profitability does not correlate to longevity. My company is a prime example of that.
Has the company showed a profit yet? I don't think you would be able to do much more without some profits showing on the bottom line. Of course in this business profitability does not correlate to longevity. My company is a prime example of that.
06-25-2010 | 01:48 AM
#6
Gets Weekends Off
Joined: Mar 2007
Posts: 1,067
Likes: 0
What's going on with the spaceship thing? A couple of your guys on my jumpseat said that VA guys would be crewing that operation.
Has the company showed a profit yet? I don't think you would be able to do much more without some profits showing on the bottom line. Of course in this business profitability does not correlate to longevity. My company is a prime example of that.
Has the company showed a profit yet? I don't think you would be able to do much more without some profits showing on the bottom line. Of course in this business profitability does not correlate to longevity. My company is a prime example of that.
06-25-2010 | 11:32 AM
#7
Gets Weekends Off
Joined: Sep 2009
Posts: 263
Likes: 0
From: Bob's Big Boy Front Office Staffer
06-25-2010 | 03:31 PM
#8
Line Holder
Joined: Apr 2008
Posts: 93
Likes: 0
"Despite the near doubling of fuel costs during the quarter, our top line progress continues to exceed our expectations and we remain on track for full year operating profit in 2010," said Virgin America President and CEO David Cush. "With a revenue increase of nearly fifty percent year-over-year and a unique service that is continuing to hit the mark with consumers, we're pleased with our results. Our progress is a testament to our business model, the growing loyalty of our guests and the dedication of our entrepreneurial team."
06-25-2010 | 08:23 PM
#9
AAmerican Way for AA Pay
Joined: Oct 2005
Posts: 1,617
Likes: 0
From: B-737 Pilot
The A-321 is a bad airplane for West Coast US to Hawaii. The range and payload wouldn't cut it financially to make it viable. Noone does Hawaii in Airbuses, either.
06-25-2010 | 08:45 PM
#10
Gets Weekends Off
Joined: Aug 2007
Posts: 378
Likes: 0
From: Skeptical
Fwiw,
"Despite the near doubling of fuel costs during the quarter, our top line progress continues to exceed our expectations and we remain on track for full year operating profit in 2010," said Virgin America President and CEO David Cush. "With a revenue increase of nearly fifty percent year-over-year and a unique service that is continuing to hit the mark with consumers, we're pleased with our results. Our progress is a testament to our business model, the growing loyalty of our guests and the dedication of our entrepreneurial team."
"Despite the near doubling of fuel costs during the quarter, our top line progress continues to exceed our expectations and we remain on track for full year operating profit in 2010," said Virgin America President and CEO David Cush. "With a revenue increase of nearly fifty percent year-over-year and a unique service that is continuing to hit the mark with consumers, we're pleased with our results. Our progress is a testament to our business model, the growing loyalty of our guests and the dedication of our entrepreneurial team."
"The airline reported a $22 million operating loss on revenues of $147 million during the quarter."
So how much is that lost since inception? Last numbers I saw (a couple of quarters ago) it was over a half a billion (Yes, that is a "B").
Long way to go before all that money spent ever shows a dime returned on investment or proves it to be "a testament to our business model," Mr. Cush...
Thread
Thread Starter
Forum
Replies
Last Post
