Virgin Blue estimated that its profit before tax and exceptional items for the fiscal year ending June 30 will be A$80-A$110 million ($69.2-$95.2 million), compared to a loss of A$93 million in the prior year. CEO Brett Godfrey told shareholders in November that Blue expected to return to the black this year (ATWOnline, Dec. 1, 2009). It said the new forecast reflects better operating conditions in the first half of the fiscal year, including a 27.6% year-over-year drop in average fuel price ...

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