Virgin Blue announces profit increase, revamped fiscal calendar

Australia-based Virgin Blue announced a 12% lift in net profit to A$84.5 million ($64.4 million) for the nine-month fiscal year ended June 30 despite a 35% surge in fuel costs. The carrier changed its year-end accounting period to June 30 from Sept. 30 after Toll Holdings, Australia's largest...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.