Virgin Blue returns to profit

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Slats7

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Virgin Blue posts $21.3m profit | The Australian

AIRLINE Virgin Blue has reported a return to profitability in 2009/10, announced further alliances with international partners and flagged the introduction of Airbus to the domestic fleet.

Virgin Blue said net profit for the 12 months to June 30, 2010, came in at $21.3 million, compared with a loss of $160 million the prior corresponding period.






Good to see VBA back in the black.
 
Well well, domestic widebodies. That's gotta make a few people happy..!

Also at Aviation Week: http://www.aviationweek.com/aw/gene...&headline=Virgin Blue To Offer Business Class

The group will also be making some other major announcements to the stock exchange tomorrow, says the sources. Those people declined to elaborate, but branding and airline alliances are among the outstanding issues that the airline is expected to address in its current reorganization.

How very curious... the article was posted yesterday, so there might be further news later today?
 
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