Virgin Blue downgraded; AirAsia capitalisation surpasses Malaysia Airlines

Virgin Blue shares remained unchanged at AUD 45 cents on Friday. The carrier was downgraded from "outperform" to "neutral" by Macquarie Group Ltd stating it believes the market is overestimating a recovery in earnings this financial year. Market consensus is for the airline to report a profit before tax of AUD112 million for the full year.

Archives

DISCLAIMER: PrivateJetsCharter is not a part 135 air carrier and only acts as an agent to provide info on the best carrier available for charter. PrivateJetsCharter arranges flights on behalf of jet charter clients with FAR Part 135 air carriers that exercise full operational control of charter flights at all times. Flights will be operated by FAR Part 135 direct air carriers that have been certified to provide service for PrivateJetsCharter clients and that meet all FAA safety standards and additional safety standards established by PrivateJetsCharter.