Qantas vs Virgin: should either be in your portfolio?

Financial journalist and commentator on 3AW and Sky Business
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The battle between the two big airlines listed on the ASX – Qantas and Virgin Australia – is hotting up, and it makes for one of the most interesting business stories in the financial press.

But that is the only level on which an SMSF proprietor should be interested in the Qantas-Virgin arch-rivalry, because neither stock belongs anywhere near your SMSF.

In fact, it is possible to argue that unless you are a Persian Gulf country with a humungous sovereign wealth fund backed by oil revenue, you should not own an airline business.

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