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 transport group, acquired the airline's majority owner, Patrick Corp. (ATWOnline, April 17). Virgin Blue's revenue rose 8.5% to A$1.39 billion as RPKs climbed 6.1% to 12.09 billion against a 3.9% ...

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