21-Aug-2008 12:26 PM
Qantas flies high, Virgin Blue falls
Analysis
The number one and two Australian airlines, Qantas and Virgin Blue, were on very different flight paths in the financial year ended 30-Jun-08. The Qantas Group unveiled a 46% increase in net profit to a record AUD1.4 billion, while Virgin Blue suffered a 54% reduction in profit to AUD98 million.
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