Virgin Blue check-in problems to affect profit by up to USD20m; double-digit yield gains at EVA Air
Shares in Virgin Blue declined 3.2% yesterday, as the carrier estimated a pre-tax profit affect of AUD15 million-20 million (USD15-20 million) from an initial assessment of the reservations and check-in system outage, with the carrier adding it would actively pursue all avenues to recover the cost. The carrier, which uses a Navitaire/Accenture system, added that "prior to the outage, the group had seen an improvement in general trading conditions when compared to the corresponding period last year".
