Originally Posted by
RedwoodA320
How many airlines are profitable when they launch? Your point -- unprofitable more quarters than not -- isn't quite valid when the airline's been around less than 10 years and it takes an enormous amount of time to get an airline into profitability.
It has nothing to do with "bursting the bubble of fans" and everything to do with someone who likely knows little about VX attempting to inform others about what he incorrectly perceives as fact.
Also, nearly all US airlines have share valuation far below VX/AS' $55-57. LUV and AAL are 36. DAL is 37. JBLU is under 16. The fact that VX was trading at less than half its present value is entirely irrelevant. Please redirect your post to some forum for arrogant and ill-informed stock brokers. It's not relevant in the present forum, either in substance or in tone.
Only one in the last 20 years, and the only modern Airline that will remain in business. JetBlue. Even they went through some stuff bouts from 2005 on, but they turned profit more than twice as many quarters as VX did it's first 10 years.
... an airline that also wasn't deeply, deeply subsidized by cash infusions from angel investors and Richard Branson.
VX has undersold it's product since day 1- and did so without making enough money to keep itself afloat. Read historical posts on here about VX- it's always been a question of how long will it be until they run out of investor cash, another infusion, then another countdown.
The fact that VX stock was trading at half value is incredibly relevant. If the merger is canceled tomorrow you can bet your ... the stock would plummet.
How is that not relevant to the fact this airline's biggest success story is getting out of the game?