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Virgin Blue Group - V Australia feels Boeing pain


V Australia is the biggest casualty of the Boeing machinists strike, with the international start-up carrier being forced into the costly decision of delaying its Sydney-Los Angeles launch by 76 days, from 15-Dec-08 until 28-Feb-09, thereby missing the prime Christmas/New Year holiday peak. [1861 words]

Unlock the following content in this report:


  • Ryanair, Jetstar and other LCCs also feeling the impact
  • Load factor back below 80% in Aug-08 as year-on-year reductions continue
  • Experiencing period of capacity growth; but capacity exceeding demand
  • Appoints new Non-Executive Independent Director
  • Pacific Blue announces three new international routes in as many weeks

Graphs and data:

  • Boeing aircraft scheduled for delivery in 4Q08 by customer and region (LCCs in bold)
  • Virgin Blue monthly passenger traffic (millions) and load factor (%): 12 months to 31-Aug-07 vs 12 months to 31-Aug-08
  • Virgin Blue aircraft delivery schedule: 2008 to 2013
  • Virgin Blue capacity (ASK) growth: Jan-07 to Aug-08
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