Virgin Blue Holdings Limited (VBA) reported a loss of $160 million for the year ended 30 June 2009, from a $98 million profit the year before. The airline said in the current year it would break even as the cost-savings initiatives in place positioned the company well.
”Strategic initiatives in the past 12 months, including successful [...]

Just two days after inaugurating Melbourne-Los Angeles flights, V Australia has taken off today (December 3) for Phuket from the Victorian capital in yet another boost for the MICE market ex-Australia.
The flight also marks the third route to the Thai resort island for the Virgin Blue Group, following the successful launch of services from Perth [...]