Virgin Blue said it expects its profit for the fiscal year ending June 30 to fall more than 50% to approximately A$100 million ($93.2 million), according to a statement cited by press reports. It posted a A$216 million profit in the year ended June 30, 2007 (ATWOnline, Aug. 22, 2007).

Subscribe to Access this Entire Article

"Other News - 04/11/2008" 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.