Virgin Blue Holdings said it expects its first-half net profit to be down more than 50% owing to the Queensland floods, a slowdown in consumer spending and disruptions to the airline's check-in system last September. Blue said Tuesday it expects to post a net profit of between A$23 ($22.9 million) and A$26 million for the six months ending Dec. 31, 2010. It earned a A$62.5 million profit in the prior period (ATW Daily News, Feb. 25, 2010). In addition, Blue said the outage of ...

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