Posts: 9
Joined: Tue Feb 08, 2005 6:05 am

VirginBlue... Who Will Win

Wed Feb 09, 2005 10:28 pm

Any ideas on who will win regarding the Patrick Corporation bid to take over DJ... Will Dicky Branson use his holding company Cricket SA, to force the share price up even more so Patrick is slowly squeezed out of a strong bidding position???
User avatar
Posts: 4893
Joined: Sun Sep 10, 2000 12:27 pm

RE: VirginBlue... Who Will Win

Wed Feb 09, 2005 10:58 pm

The problem is, Corrigan is a lot closer to the 50% mark needed to exert effective control than Branson is. Given what he has said recently in the media about wanting to get out of a price war, and given his preference for 'cosy duopolies' in the stevedoring and rail industries here, I think it would be quite a shame if Corrigan did manage to push over the 50% mark.

The key to Virgin's success has been how it has challenged the market norms, whereas Corrigan seems to talk about sitting comfortably in the market. The problem is, someone else will always have a go at challenging, and if Virgin Blue sit on their laurels (as I think Corrigan would like), then they will quickly find themselves in an equally concerning position as the price war - their market being eroded from both sides, and no real means of mounting a counter attack.

I hope he doesn't get past the 50% mark, or that if he does, I'm wrong. We don't need to go back to a cosy duopoly, or heaven forbid, a monopoly...

It is not for him to pride himself who loveth his own country, but rather for him who loveth the whole world. The earth is but one country, and mankind its citizens.

Celebrating the Bicentenary of the Birth of Bahá'u'lláh, 21-22 October 2017
Posts: 9
Joined: Tue Feb 08, 2005 6:05 am

RE: VirginBlue... Who Will Win

Wed Feb 09, 2005 11:59 pm

Hey... Thanks for you obviously educated opinion... I totally agree with your comments.. As you point out, we certainly do not need the old "monopoly" creeping back in... I do however think that Corrigan has some other plans for the airline if he gets it... You guys could find yourselves flying further a field in the not too distant future me thinks.... and no not Macau either!!! Watch this space mate....
Posts: 2144
Joined: Wed Jan 03, 2001 8:47 pm

RE: VirginBlue... Who Will Win

Thu Feb 10, 2005 7:23 am

i think this Patrick pushing for 50% thing gives new momentum to ithe notion by Virgin Blue to go for long haul routes and regional aircraft... at least that's what an interview of Corrigan suggests. don't recall where i´ve read it, but he drops some hints about his vision for DJ, putting more emphasis on business travelers and corresponding perks.


If only pure sweetness was offered, why's this bitter taste left in my mouth.
Posts: 340
Joined: Tue May 29, 2001 4:28 pm

RE: VirginBlue... Who Will Win

Thu Feb 10, 2005 11:35 am

Branson: Prefers the low cost model, which was a very good thing when it was first established. Lower Airfares, using alternative teminals etc. Today Virgin Blue is struggling to compete against Jetstar.

Corrgian: Prefers a Fully serviced carrier. In other words Australia will have a trimmed and a better managed version of Ansett.

I guess we just have to see what is going to happen next.

User avatar
Posts: 4196
Joined: Tue Mar 09, 2004 12:27 pm

RE: VirginBlue... Who Will Win

Thu Feb 10, 2005 11:40 am

It would be interesting if Corrigan got his way. I understand they want to have Frequent Flyer points and take a bigger slice of the business sector (which Qantas virtually has to itself at the moment).

I say interesting, because they would presumably need to charge more as their costs would go up. This would leave Jetstar with the leisure market to itself.

Then again, they might just add a business class and make that full service and leave economy as no service. That might work, who knows...

I do enjoy a spot of flying, especially when it's not in economy!

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos