Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Virgin Sun Future In The Balance Due 2 Huge Losses  
User currently offlineLGW From , joined Dec 1969, posts, RR:
Posted (13 years 10 months 1 week 13 hours ago) and read 1545 times:

Virgin Sun is reportedly up for sale after massive losses since being launched in the summer of 1999. Although Virgin Sun holidays is selling holidays for summer 2000, there are no plans to launch a winter 2000/2001 programme. The airline has approached brokers to help lease out it's fleet of aircraft. Singapore Airlines which owns 49% of Virgin Atlantic have put pressure on them to offload Virgin Sun, and concentrate on the long-haul market.

11 replies: All unread, jump to last
 
User currently offlineEnglandair From United Kingdom, joined Oct 2000, 2228 posts, RR: 3
Reply 1, posted (13 years 10 months 1 week 12 hours ago) and read 1522 times:

That's a shame...they're the best charter airline I've flown with.

User currently offlineLGW From , joined Dec 1969, posts, RR:
Reply 2, posted (13 years 10 months 1 week 9 hours ago) and read 1503 times:

Yeah, I like em to...

User currently offlineEGKK From , joined Dec 1969, posts, RR:
Reply 3, posted (13 years 10 months 1 week 9 hours ago) and read 1502 times:

How much did they loose?

User currently offlineCX747 From United States of America, joined May 1999, 4454 posts, RR: 5
Reply 4, posted (13 years 10 months 1 week 9 hours ago) and read 1500 times:

I personally think that Virgin overexpanded itself. Richard should concentrate on Virgin Atlantic Airways and sell off Virgin Sun, or let the company be taken apart and put back together properly by an intelligent individual from the IT sector of the industry.


"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower
User currently offlineAa737 From United States of America, joined Oct 1999, 849 posts, RR: 0
Reply 5, posted (13 years 10 months 1 week 8 hours ago) and read 1496 times:

>The airline has approached brokers to help lease out >it's fleet of aircraft.

Don't they only have 1 A321?


User currently offlineEnglandair From United Kingdom, joined Oct 2000, 2228 posts, RR: 3
Reply 6, posted (13 years 10 months 1 week 8 hours ago) and read 1494 times:

You're thinking of Atlantic.
Sun has 3 A320s & 1 A321.


User currently offlineRyanair From United Kingdom, joined Jul 1999, 654 posts, RR: 0
Reply 7, posted (13 years 10 months 1 week 8 hours ago) and read 1489 times:

I wonder where cut backs on unprofitable airlines at Virgin Group will leave Virgin Express and sister company Virgin Blue? It's not been Richard Branson's week.

User currently offlineContinentalEWR From United States of America, joined May 2000, 3762 posts, RR: 13
Reply 8, posted (13 years 10 months 1 week 7 hours ago) and read 1482 times:

I worry that Richard Branson is way over extending himself and that the more routes he adds to Virgin's
route network, the more the product will be diluted.
In a few years, Virgin Atlantic Airways could become
a parody of its self if he missteps.

ContinentalEWR


User currently offlineAussie_ From Australia, joined Dec 2000, 1766 posts, RR: 5
Reply 9, posted (13 years 10 months 1 week 6 hours ago) and read 1473 times:

Branson has great flair and a great product, but he is overambitious. Every one of his airline products outside the great success of VS seems to be a flop, even the new Virgin Blue is reportedly struggling (though CERTAINLY not dead yet!).

Be careful Branson or you may go under. VS can't prop you up for everything!


User currently offlineTWAneedsNOhelp From , joined Dec 1969, posts, RR:
Reply 10, posted (13 years 10 months 1 week 5 hours ago) and read 1466 times:

What about this new low-cost Virgin airline in Canada?

User currently offlineCX747 From United States of America, joined May 1999, 4454 posts, RR: 5
Reply 11, posted (13 years 10 months 1 week 2 hours ago) and read 1455 times:

I think that Sir Richard should cut his losses. Virgin Sun should be shut down or sold off. Virgin Express should be reconsolidated and made more efficient. Virgin Blue is still in its infancy, but if VS were to open a LHR-SYD route it would be helpful. You could then sell tickets to connecting passengers. VS's expansion plans should also slow down. The current fleet is being taxed at a very high rate and even the deliveries of the 7 744s won't really bring down the "pressure" on the airframes. I understand that an airplane is not making a company money when it is on the ground, but the 742s, 744s, and A340s are being run into the ground.


"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
All DL People Future In The Hands Of This Guy? posted Wed Nov 16 2005 02:47:39 by Gokmengs
The 777 Future In The Hands Of The 787 posted Thu Apr 28 2005 13:54:45 by GodBless
Ansett's Fate In The Balance posted Sun Sep 9 2001 12:13:05 by Anzett
What Does Virgin Atlantic Have In The "nose"? posted Fri Nov 17 2000 23:14:30 by Avion
Virgin Express Down In The Dumps posted Fri Nov 17 2000 20:41:57 by Aer Lingus
Huge Carrier Is Still Needed In The Future? posted Tue Oct 16 2001 09:28:50 by ROP
US/DL Merger: Remember This In The Future posted Thu Nov 16 2006 20:35:10 by Wingspan
Kalitta Air - Any Plans For 744F's In The Future? posted Sat Sep 30 2006 23:16:03 by Maiznblu_757
Any BLR -AMS Nonstop Prospects In The Near Future posted Sat Jul 15 2006 00:45:35 by Boeing747_600
SoCA Airports To Be Slot Controlled In The Future? posted Thu Jun 15 2006 21:30:00 by PanAm747