Virgin Blue CEO Brett Godfrey expressed "profound disappointment" with an Australian JP Morgan report that claimed in one of its scenarios that the airline "could collapse under the weight of higher fuel prices." The gloomy forecast was reported widely in Australia by most major papers with alarmist headlines. Speaking to ATWOnline from Brisbane, Godfrey pointed out, "The doomsday scenario was only one of three in the JP Morgan report and the report actually forecast that the airline's share ...

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