bullpitt
Topic Author
Posts: 757
Joined: Sat Mar 06, 2004 7:09 am

Vueling Post 2006 Loss

Tue Feb 27, 2007 9:13 pm

Hi All Vueling has just posted another yearly loss over 10 Million Euros, They keep announcing profits but they only show losses. Do you think this will be another Air Madrid, Will we tax payers have to foot the bill again when they bust. New planes, new routes more losses. There seems to be a great interest in showing Vueling as a great success but the results seem to contradict the expectations. What do you guys think?
These are my principles but if you don't like them I have others
 
HBDAN
Posts: 560
Joined: Fri Jan 20, 2006 10:05 pm

RE: Vueling Post 2006 Loss

Tue Feb 27, 2007 9:33 pm

Quoting Bullpitt (Thread starter):

10 Mio Euros is not a big deal if you consider that they developed many new routes last year. If I am not wrong I remember SkyEurope & Wizzair having a loss of around 30 mio. Euros and AirBerlin one of more than 100 mio.

I think they have a great product on the LCC market. The problem is that Bacelona is really a battle field of competition, I am sure they will have to focus other cities in their future. I know they applyed for slots at CDG.

Regards,
HBDAN

[Edited 2007-02-27 13:37:48]
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