Re: DJ $158 million profit

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Their profit is cost driven, not revenue driven.  Their cost base is about
30% lower than QF so their profit appears higher than it really is.  Don't
forget too that they were gifted about 4 or 5 years worth of growth
overnight when Ansett went down the gurgler.  DJ are typical of the Virgin
Group as a whole, a handful of profitable routes subsidising a whole bunch
of loss making ones.

Grant


At 11:09 PM 18/05/03 -0400, you wrote:
>It is so funny that these guys make so much money and QF charges the same
>kind of fares for better legroom and snack service.  I do hear DJ's F/A's are
>absolutely beautiful.

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