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Old 12th April 2008, 07:54 AM
Lukas M
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Quote:
Originally Posted by Grant Smith View Post
Lukas,

Are you in the financial game? Or a numbers man?

Please provide said evidence to backup your claims that 3K and TR have lost "hundreds of millions" over the last four years...

I would be interested to know...
Since Operation:
-Tiger Airways have lost:
$37.4m 2006 loss
$14.3 2007 loss
Tiger Airways is now due for a finance report(2007-2008 year)

-Jetstar Asia have lost:
$36 ValuAir Merger
$47.5m 2006 loss
$14m 2007 loss
$36m 2007 investors money

Jetstar Asia are swimming in debt, but not drowning. Looks like Tiger will report a small profit any day now, but still these airlines are in a grim situation

and Virgin America have lost so far:
$37m first quater


Souces:
http://www.straitstimes.com/Latest%2BNews/Money/STIStory_204193.html
http://www.channelnewsasia.com/stori...269667/1/.html
http://en.wikipedia.org/wiki/Jetstar...ys#cite_note-1
http://en.wikipedia.org/wiki/Tiger_Airways
http://www.sfgate.com/cgi-bin/articl.../BUNFU05OQ.DTL

Last edited by Lukas M; 12th April 2008 at 08:01 AM.
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