Virgin Blue Group - Pretax profit to fall AUD200 million due to hedging losses
Virgin Blue stated its pretax profit would fall by AUD200 million (USD131 million) in the 12 months ended 30-Jun-08, due to hedging losses. The airline will book the price of hedge positions at market levels and take a pretax charge in the financial year.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.