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Earnings Analysis: 
Virgin Blue Proft Slips, Higher Costs
Author: 123jump.com Staff
123jump.com
Last Update: 3:20 PM EST February 20 2008


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virgin Blue, second largest airline, reported net income for the six months ended in December 2007 of $113.3 million, lower than $124.2 million from a year ago. Higher operating costs on routes to the Western U.S. location in direct competition hurt the profitability. half year results for the period to 31 December 2007. Revenue for the six months increased 8.1% from $1.12 billion to $1.21 billion with revenue per available seat kilometre increased 5.2% to 10.10 cents.

 

 

 
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