Virgin Blue paying cash for their fuel? - Page 2 - The Australian Frequent Flyer Online Community

Nigelinoz · 26th March 2009, 04:03 PM

Very clever Mr P,

you could have a new career with Boeing but you would need to get rid of those 9 seats in the nose unless you want people sitting on the co-pilots lap.

.

QF009 · 26th March 2009, 04:03 PM

I don't buy it.

Virgin Blue might have had a hard few months but I'd think their financial situation is sufficiently stable to allow them to get fueled via credit lines.

They'd have to be in a near-bankrupt state, ala the final days of Swissair, to be paying cash for fuel.

jakeseven7 · 26th March 2009, 05:02 PM

i think this may be just a joke!?

chrisb · 26th March 2009, 05:31 PM

Maybe they're putting it all on the Amex to get extra QF points before the 31st

medhead · 26th March 2009, 05:54 PM

I don't see how paying cash for fuel would:

a) save money - its the same fuel for the same cost
b) indicate that there is a problem with virgin - if they are have cash flow problems then they don't actually have the cash to pay for the fuel. I would assume that a company in the final death throes would betrying to use credit to overcome any cash flow problems.

Maybe the fuel company has refused to extend credit to virgin, but that's highly unlikely and it would cost them a lot more in paying console operators to collect the cash at each airport.

NM · 26th March 2009, 06:36 PM

In the interest of full disclosure, I think it is important to note the following:

The original poster of this thread, flying1977, regularly posts to this forum from an IP address that appears to come from Qantas. The opening post in this thread appears to have initiated from an IP address at Qantas.

flying1977 has been asked to clarify any relationship with Qantas in order for their posts to be understood in context. No clarification has been received.

I invite flying1977 to identify any relationship with Qantas and to provide clarification regarding the source of the rumour posted in this thread. This same invitation was provided privately earlier in the day.

simongr · 26th March 2009, 07:40 PM

Quote:

Originally Posted by medhead

I don't see how paying cash for fuel would:

a) save money - its the same fuel for the same cost
b) indicate that there is a problem with virgin - if they are have cash flow problems then they don't actually have the cash to pay for the fuel. I would assume that a company in the final death throes would betrying to use credit to overcome any cash flow problems.

Maybe the fuel company has refused to extend credit to virgin, but that's highly unlikely and it would cost them a lot more in paying console operators to collect the cash at each airport.

AS I pointed out above in some circumstances if you are having credit problems you might be forced to pay cash or COD.

medhead · 26th March 2009, 08:23 PM

Quote:

Originally Posted by simongr

AS I pointed out above in some circumstances if you are having credit problems you might be forced to pay cash or COD.

Yeah, that's right but only if your have issues with the creditor and they are insisting on cash payments. What I didn't express very well was that a company in finanical trouble (not just credit problems with one supplier) is highly unlikely to have the cash on an ongoing basis to actually make the cash payments.

If DJ are sustainably paying cash for fuel that tells me they have heaps of cash flow, not that they are about to go bust.

stryker · 26th March 2009, 09:28 PM

Quote:

Originally Posted by NM

I invite flying1977 to identify any relationship with Qantas and to provide clarification regarding the source of the rumour posted in this thread. This same invitation was provided privately earlier in the day.

Is there nothing Qantas won't stoop to?

Obviously gouging Australians isn't enough.

ANstar · 26th March 2009, 09:44 PM

Quote:

Originally Posted by stryker

Is there nothing Qantas won't stoop to?

Obviously gouging Australians isn't enough.

Perhaps an attempt to scare consumers before the 31st march points no choice deadline.

26th March 2009, 04:03 PM	#11 (permalink)
Nigelinoz Member Join Date: Dec 2008 Location: Nr Albury,N.S.W Member of: QFF (SILVER),VS,DJ,BMI.CX,AA Posts: 933	Re: Virgin Blue paying cash for their fuel? Very clever Mr P, you could have a new career with Boeing but you would need to get rid of those 9 seats in the nose unless you want people sitting on the co-pilots lap.. __________________ May those that love us, love us, and those who don't love us, may God turn their hearts, and if can't turn their hearts, may He turn their ankles, so we know them by their limping."

26th March 2009, 04:03 PM	#12 (permalink)
QF009 Established Member Join Date: Mar 2005 Location: Melbourne, Australia Member of: AA EXP, QF WP, BD*G, LH FTL, SPG PLT, PC GLD Posts: 3,955	Re: Virgin Blue paying cash for their fuel? I don't buy it. Virgin Blue might have had a hard few months but I'd think their financial situation is sufficiently stable to allow them to get fueled via credit lines. They'd have to be in a near-bankrupt state, ala the final days of Swissair, to be paying cash for fuel. __________________ “It is well to remember that there are five reasons for drinking: the arrival of a friend, one's present or future thirst, the excellence of the wine, or any other reason.” Are you flying with me? aka KeithMEL at SQTalk

26th March 2009, 05:02 PM	#13 (permalink)
jakeseven7 Member Join Date: Sep 2005 Member of: DJ Gold, QF Gold Posts: 404	Re: Virgin Blue paying cash for their fuel? i think this may be just a joke!?

26th March 2009, 05:31 PM	#14 (permalink)
chrisb Member Join Date: Apr 2005 Location: Perth Member of: QF,AA,NZ Posts: 255	Re: Virgin Blue paying cash for their fuel? Maybe they're putting it all on the Amex to get extra QF points before the 31st

26th March 2009, 05:54 PM	#15 (permalink)
medhead Established Member Join Date: Feb 2008 Location: Adelaide Member of: QC PS, Priority Club, Velocity red Posts: 1,935	Re: Virgin Blue paying cash for their fuel? I don't see how paying cash for fuel would: a) save money - its the same fuel for the same cost b) indicate that there is a problem with virgin - if they are have cash flow problems then they don't actually have the cash to pay for the fuel. I would assume that a company in the final death throes would betrying to use credit to overcome any cash flow problems. Maybe the fuel company has refused to extend credit to virgin, but that's highly unlikely and it would cost them a lot more in paying console operators to collect the cash at each airport.

26th March 2009, 06:36 PM	#16 (permalink)
NM Moderator Join Date: Aug 2004 Member of: AA Exec Plat; QF LTG; PC Plat; HHonors Gold Posts: 12,429	Clarification of relationship In the interest of full disclosure, I think it is important to note the following: The original poster of this thread, flying1977, regularly posts to this forum from an IP address that appears to come from Qantas. The opening post in this thread appears to have initiated from an IP address at Qantas. flying1977 has been asked to clarify any relationship with Qantas in order for their posts to be understood in context. No clarification has been received. I invite flying1977 to identify any relationship with Qantas and to provide clarification regarding the source of the rumour posted in this thread. This same invitation was provided privately earlier in the day. __________________ NM aka Nelly Mobbs

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