Originally Posted by
Paper Tiger
Had an interesting experience on my return flight yesterday:
After we were all seated a group of about 16 passengers, for reasons unknown, decided not to take the flight.
So firstly their luggage had to be found and removed from the hold.
Also, given that they had all been seated up front, there was some re-arrangement of the remaining passengers, presumably to improve the balance.
Finally, as an added bonus, the captain announced that due to exceptional head winds our 5 hour flight would be nearly 6.
Talking of exceptional:
So $432M + Virgin + The Engine Shop (which I had forgotten about !) NPBT for a NPAT of $338M.
That beat even my biggest estimate and yet the world appears not to happy it about judging by the SP since.
P.S. Nice to see some sanity return to the SP.
So Full Year?
Given what AIR are saying I would guestimate at the moment $850M + $30M from Virgin (HY tax benefit replaced by actual operation improvement) + $20M (real guess) from the Engines R'Us for $900M total
After tax that would be $650M upwards.
Best Wishes
Paper Tiger
PS First half of FY17 currently looking good.