Currently at 23 to 23.5 cents.
article ex the Courier Mail/AAP:
Virgin Blue posts $100m loss
Article from: AAP
February 23, 2009 10:05am
BUDGET airline Virgin Blue reported a first-half net loss of $101.4 million as the company took charges for investment in trans-Pacific partner V Australia and reversals of currency and fuel hedges.
The airline's net loss for the six months to December 31, 2008 compared with the net profit of $113.3 million reported for the same period the year before, the Brisbane-based company said in a statement on Monday.
Virgin said it won't pay a first-half dividend.
Revenue for the first half grew 12 per cent to $1.35 billion.
The bad news follows reports the
Richard Branson-owned airline was to cut 400 jobs.