Virgin Blue Reports $62.5m Profit After Tax

[Will H]

Virgin Blue Holdings Limited today reported a net profit after tax of $62.5 million for the six months to 31 December 2009, compared to a loss of $101.4 million for the prior corresponding period.

Highlights from the pres conference (737 order update, Godfrey's retirement update, V Aus profitability update) here.

[Marty H]

Well that is VERY interesting considering their forecast only 3 weeks ago, unless they truly believe they are only going to make $30Mill for next six months $160M turn around is a fair effort though

[Will H]

Brett noted he was expecting, as always, the last six months to be worse than the first six given different traffic spikes. If you'd like more info let me know and I'll try to pull that bit from the audio.

[Matt Coughran]

Just went onto the Boeing website and this is in the news section.

Boeing [NYSE: BA] is delighted that Virgin Blue has selected the Boeing Next-Generation 737 for the replacement and expansion of its single-aisle fleet.

We look forward to working with Virgin Blue to finalize the order, at which time it will be posted to the Boeing Orders and Deliveries Web site.

Cheers
Matt

[Matt_L]

Good to see Matty,

Virgin looking at fleet renewal.. VH-VOH left the fleet 1-2 weeks ago destination unknown-maybe someone else knows?

[AdamB]

Will we see a Virgin Blue 737-900 in the near future?

[Marty H]

Originally Posted by Matt_L

Good to see Matty,

Virgin looking at fleet renewal.. VH-VOH left the fleet 1-2 weeks ago destination unknown-maybe someone else knows?

VOG left the end of December and is currently in full Orenair colours outside the JH Hangars here at MEL and VOH finished around a week ago and will also follow suit heading to Orenair.

[Michael Morrison]

Not bad - a bigger 1/2 yearly profit than the much larger Qantas group.

[Will H]

Originally Posted by Matt Coughran

Just went onto the Boeing website and this is in the news section.

Boeing's late. Last September Godfrey announced DJ was in talks with Boeing and only Boeing about the 737 and only the 737 re: replacements.

Originally Posted by AdamB

Will we see a Virgin Blue 737-900 in the near future?

All but set in ink.

[Brian Wilkes]

Pic of EX (VH-VOG) yesterday after returning from it's test flight.