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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Virgin Australia Holdings Ltd    VAH   AU000000VAH4

VIRGIN AUSTRALIA HOLDINGS LTD

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Virgin Australia : careers taking flight for USQ duo

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01/12/2019 | 04:44am EDT

TWO students are on course for a high-flying career with Virgin Australia after winning a place in the airline`s pilot cadetship program for 2019.

Ami Love and Dion Robert were among 16 cadets, including nine women, to make the cut from thousands of applicants in the highly competitive recruitment process.

The pair will start their training in July. The 54-week program runs from Flight Training Adelaide, where successful cadets graduate with a commercial pilot`s licence and are offered positions as first or second officers with Virgin Australia.

Ami, who started her bachelor of aviation at USQ Springfield last year, said she was overwhelmed to receive the cadetship having switched career paths to pursue aviation.

"I`m still a little shocked when I think about, but I am very thankful, the 19-year-old said.

"Two years ago, I was doing gigs and hoping to make a career out of music, now I`m about to start training for the chance to fly for one of the largest airlines in the Asia-Pacific region.

"For a long time, aviation was my second passion but I always thought becoming a commercial pilot was out of my reach - that changed once I started studying at USQ.

"The support I received from the aviation cohort and lecturers throughout the year helped grow my self-belief.

For Dion, it was his grandfather Alan, a former mechanical engineer, who sparked his interest in flying.

"My grandfather has two Spitfire engines - a Merlin and a Griffon - at his home and whenever I visited him, he would always be working on them and teach me about what the different parts do, the 18-year-old said.

"It got me really interested in flying and since then all I have wanted to do is fly planes and become a professional pilot.

Dion, the 2018 USQ Chancellor`s Scholarship recipient, credits the education and support he has received as part of the University`s Bachelor of Aviation program.

"We`re very lucky we get to operate a 737 flight simulator right here at the Springfield campus in the first year of our degree, and get to learn from lecturers who have many years of experience in the industry.

(c) 2019 South Sudan News Agency. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (AUD)
Sales 2019 5 857 M
EBIT 2019 226 M
Net income 2019 13,9 M
Debt 2019 1 241 M
Yield 2019 -
P/E ratio 2019 231,25
P/E ratio 2020 25,00
EV / Sales 2019 0,48x
EV / Sales 2020 0,45x
Capitalization 1 562 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 0,20  AUD
Spread / Average Target 10%
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Managers
NameTitle
Massimo John Borghetti Chief Executive Officer, Executive Director & MD
Elizabeth Blomfield Bryan Independent Non-Executive Chairman
Geoff Smith Chief Financial Officer
Samantha J. Mostyn Independent Non-Executive Director
Meng Hung Tan Non-Executive Director
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