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Virgin Blue reports $160m net loss
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27th August 2009, 08:30 PM
Michael Morrison
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Join Date: Mar 2008
Location: Sydney
Posts: 507
I think their positioning is ok. The Virgin Blue bsuiness is performing well and still managing to take pax from QF.
The loss is a direct result of V Australia's first 4 months operating losses, hedging, currency and VA start up costs
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