Virgin Blue CEO Brett Godfrey told shareholders that the airline is back in the black after a difficult period at the beginning of 2009 and now is forecasting a profit for the fiscal year ending June 30, 2010. "We are currently profitable again," he told the airline's annual general meeting in Brisbane. "We expect that if the market continues as it is at the moment we'll be able to maintain that guidance through to June 30 [2010]." Godfrey said Blue has enjoyed a 20% growth in higher-yield ...

Subscribe to Access this Entire Article

"Virgin Blue's Godfrey trumpets recovery" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.