Steve Creedy, Aviation writer | September 04, 2008 VIRGIN Blue intends to take on Air Niugini as it expands its reach to Papua New Guinea. The airline has applied to the International Air Services Commission for 900 seats...
Steve Creedy, Aviation writer | August 29, 2008 IT may not quite qualify as divine intervention, but the visit last month of the Pope proved a godsend for Virgin Blue. The airline's passenger numbers rose a respectable...
Transport and logistics group Toll Holdings was another company that soften up the market ahead of reporting the actual figures with its decision to distribute the 62% or so of Virgin Blue it owned to Toll shareholders and...
SYDNEY, Aug 26 (Reuters) - Australian shares closed down 0.2 percent on Tuesday, well above session lows as bargain hunters sought oversold stocks such as Australia&New Zealand Banking Group Ltd ANZ.AX . The market had...
THE chairman of the Australian Competition and Consumer Commission, Graeme Samuel, has given business a blunt warning that it may put an end to the practice of accepting undertakings from companies applying for merger approvals.
The sharp drop in oil prices and hints of corporate activity helped push Virgin Blue shares off their awful all time lows of around 50 cents a month or so ago.The shares went for a good run, climbing well above & #36;1.10, but...
Steve Creedy, aviation writer | August 21, 2008 THE slide in Virgin Blue shares continued yesterday, as analysts reinforced the airline's bleak outlook and at least one downgraded the stock to a sell rating. UBS estimated the...
Steve Creedy, aviation writer | August 21, 2008 THE slide in Virgin Blue shares continued yesterday, as analysts reinforced the airline's bleak outlook and at least one downgraded the stock to a sell rating. UBS estimated the...
Even after the Kenya and Uganda governments' approval of the new turnaround strategy by shareholders of the Rift Valley Railways, its success still depends on support from the two leading international financial institutions...
AIRLINES are like banks - a business that people hate to love. The profit Virgin announced yesterday was pretty damn good. Unlike George Clooney in the movie, Virgin and CEO Brett Godfrey have weathered the immediate storm....