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Virgin Blue: net profit falls 8.4%
Sydney, Australia - Too high fuel costs in the first half fiscal year
Australian low-fare airline, Virgin Blue, as many other carriers, communicates that, despite its growth in passenger numbers and revenue, in the six months ended March 31 its net profit fell 8.4% compared to the same period in 2005. The airline spent USD 38m more for fuel, a number that outweighed 9.2% passenger traffic and 6.1% revenue increase, which reached USD 722m. Virgin Blue has ordered nine...
AVIONEWS - World Aeronautical Press Agency - 140700
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency