News & Media - Virgin Takes Flight on the ASX

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On airlines, Warren Buffett once said “the worst sort of business is one that grows rapidly, requires significant capital to engender the growth, then earns little or no money”. This is hard to argue against, but everything has a price, even airlines as we have seen with the hype around the listing of Virgin.

On airlines, Warren Buffett once said “the worst sort of business is one that grows rapidly, requires significant capital to engender the growth, then earns little or no money”. This is hard to argue against, but everything has a price, even airlines as we have seen with the hype around the listing of Virgin.

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