Less profit for Virgin Express

Post by **airbuske** » 03 Sep 2003, 16:11

Virgin Express heeft in het tweede kwartaal een nettowinst geboekt van 117.000 euro. Dat is 96 procent minder dan in dezelfde periode vorig jaar. Wel vervoerde Virgin Express elf procent meer passagiers, terwijl de bezettingsgraad steeg van 79,2 procent vorig jaar naar 83,3 procent dit jaar

Bron: www.luchtvaartnieuws.be

In english :

Virgin express hase made a profit of 117.000 € in the second quarter
of this year. That's 96% less then the same period last year.
VEX has 11 % more passengers.

Greetings

Airbuske

Post by **sn26567** » 03 Sep 2003, 17:13

See the full VEX press release here:

http://www.virgin-express.com/downloads ... 903_en.pdf

Post by **airbuske** » 03 Sep 2003, 17:31

Yeah , tha would be better , because my english is not so good and my translation

Greetings

Airbuske

Avro · Post by **Avro** » 03 Sep 2003, 20:30

Thx for the info airbuske

It's very interesting, to know.

Ciao
Chris
8)

Post by **sn26567** » 05 Sep 2003, 10:45

That a profit-minded company like VEX is drop^ping so low in profits is significative of recent trends in the European airline industry. Everyone is starting to imitate the low-cost no-frill carriers like easyJet and Ryanair (even SWISS!), but without having the necessary structure to do so.

VEX is in no way a low-cost no-frill carrier and should try to keep its distinct character.