Virgin Blue Group's financial position under pressure, but load factors stabilise
Since its announcement of a first half loss of AUD101.4 million (to 31 December 2008), Virgin Blue’s share price has been volatile, having fallen from AUD0.28 on 25-Feb-09 to AUD0.15 on 12-Mar-09, before rebounding to a price of AUD0 25.5 cents on 31-Mar-09 – still some 80% below its 52 week high of AUD1.27.
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