• Best of luck to the class of 2024 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page
MedVision ad

geography predictions (9 Viewers)

tvskAXatar

Active Member
Joined
Jan 8, 2024
Messages
343
Gender
Male
HSC
2024
i personally stay away from airlines as investment as its such a capital intensive industry with high competition and low margins so if something happens (im looking at u covid) the company is gonna not do very well. just look at virgin
Virgin Australia was a poorly managed airline well before COVID - consistently recording losses from 2011 till 2019. Bankruptcy was bound to happen and Covid just catalysed it. Yes Qantas plunged in stocks in 2020 but people who invested in QAN in 2020 have now more than trebled or even quadrupled their investment.
 

Solarised

Well-Known Member
Joined
Sep 21, 2024
Messages
1,643
Location
exploring the depths of our galaxy
Gender
Male
HSC
2024
Virgin Australia was a poorly managed airline well before COVID - consistently recording losses from 2011 till 2019. Bankruptcy was bound to happen and Covid just catalysed it. Yes Qantas plunged in stocks in 2020 but people who invested in QAN in 2020 have now more than trebled or even quadrupled their investment.
your derailing the thread going off topic 🤓☝
 

lyingsalsa

Well-Known Member
Joined
Aug 21, 2024
Messages
570
Location
because luna requested i am now female
Gender
Female
HSC
2024
Virgin Australia was a poorly managed airline well before COVID - consistently recording losses from 2011 till 2019. Bankruptcy was bound to happen and Covid just catalysed it. Yes Qantas plunged in stocks in 2020 but people who invested in QAN in 2020 have now more than trebled or even quadrupled their investment.
yes. but depending on your strategy, that may be a good or bad thing to do. if ur trading and want high risk high reward go for your life but airlines are not for long-term investment
 

tvskAXatar

Active Member
Joined
Jan 8, 2024
Messages
343
Gender
Male
HSC
2024
yes. but depending on your strategy, that may be a good or bad thing to do. if ur trading and want high risk high reward go for your life but airlines are not for long-term investment
I think QAN is different since they’re launching 24h nonstops Sydney to JFK/LHR from 2026 which will give them a significant competitive advantage for a long long time to come, increasing their value
 

Users Who Are Viewing This Thread (Users: 0, Guests: 9)

Top