Virgin Blue profitable, plans 'game changing' Etihad agreement; Cebu slates IPO; JAL considers LCC

Virgin Blue today reported an underlying EBIT of USD76.5 million in the 12 months ended 30-Jun-2010, a 10.5% year-on-year increase, with a profit before tax of USD30.2 million in the period, compared with a loss of USD199.0 million in the previous corresponding period. Shares in the carrier declined 1.8% ahead of the result release today.

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