Virgin America Cuts Airbus Order, Delays 30 Jets

[Flyer1015]

You flightinfo financial gurus. You know the difference between a pilot and a CEO? A CEO doesn't go pretending to be a pilot.


On a separate note, no one here has any clue as to what will happen with VA. The Finance VP is ex Pinnacle. He led Pinnacle down the path it did, and he was the first high level management to bail out of Pinnacle. Its no surprise that someone with knowledge of internal financial matters would leave early because he saw it coming. If he leaves, then that could be history repeating. So far, he's staying put. The only recent VP departure has been Inflight, and that was for a higher paying position with VA's latest codeshare partner in the US.

Also, it will be worth noting what happens with VS, Delta, and AF. Whatever tie-up that happens will have implications (or consequences) for VA. No one said it would be a boring career.

 

[climbhappy]

flyer dude, this is basic accounting...if you took it in college, it's pretty darn simple...you dont to be a CPA to understand the difference between an asset or a liability...

:beer:

 

[rjpilot7667]

You flightinfo financial gurus. You know the difference between a pilot and a CEO? A CEO doesn't go pretending to be a pilot.

I guess you've never flown business jets. Especially with an owner operator.

 

[Flyer1015]

I guess you've never flown business jets. Especially with an owner operator.

I was referring to the topic in hand regarding a Part 121 airline. I'm aware that very small businesses have some owners (CEOs) pilots acting as PIC, with a hired SIC in the right seat.

 

[jonjuan]

You flightinfo financial gurus. You know the difference between a pilot and a CEO? A CEO doesn't go pretending to be a pilot.


On a separate note, no one here has any clue as to what will happen with VA. The Finance VP is ex Pinnacle. He led Pinnacle down the path it did, and he was the first high level management to bail out of Pinnacle. Its no surprise that someone with knowledge of internal financial matters would leave early because he saw it coming. If he leaves, then that could be history repeating. So far, he's staying put. The only recent VP departure has been Inflight, and that was for a higher paying position with VA's latest codeshare partner in the US.

Also, it will be worth noting what happens with VS, Delta, and AF. Whatever tie-up that happens will have implications (or consequences) for VA. No one said it would be a boring career.

Well that's one way to connect the dots-to determine whether VA is going to make it based on whether a person leaves the company or not. Lol.....
There will be no ipo. Not anywhere near current debt and income levels, at least. It only is looking worse.

 

[Jetjockey]

Yea. The dot-com era IPO's turned out really well.

Carry on.

Tell that to Mark Cuban.

 

[Flyer1015]

Well that's one way to connect the dots-to determine whether VA is going to make it based on whether a person leaves the company or not. Lol.....
There will be no ipo. Not anywhere near current debt and income levels, at least. It only is looking worse.

No, that's not a way to connect any real dots. Just casual talk, like every other post in this thread. There will be no IPO for the foreseeable future. Good. I'd rather it still be owned partially by Branson as opposed to attempt an ill-timed IPO and have that go bust. VX is still around, and they just announced new service to Newark in April, our 20th destination. No one knows what the future will bring. You, a corporate pilot not in the Part 121 world, should know that.

 

[HA25]

I guess you've never flown business jets. Especially with an owner operator.

exactly!

 

[redflyer65]

Tell that to Mark Cuban.

One person out of millions that lost billions?

You have better odds in the lottery.

 

[Jetjockey]

One person out of millions that lost billions?

You have better odds in the lottery.

Looks like he has company on that list. http://www.incomediary.com/top-young-entrepreneurs