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Article: AUSTRALIA'S VIRGIN BLUE TO DECIDE ON LONG HAUL FLIGHTS TO US.
- Article from:
- AsiaPulse News
- Article date:
- October 23, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, Oct 23 Asia Pulse - Low cost carrier Virgin Blue Holdings Ltd (ASX:VBA) says it is well positioned to deliver further value and that it expects to make a decision soon on whether to begin long haul flights to the US.
Chairman Mark Rowsthorn also told shareholders at the airline's annual general meeting that it taking more action on the management on its fuel costs.
"Overall, Virgin Blue is now well positioned and we expect benefits from revenue and cost initiatives developed in the past year, to deliver further value," he told the meeting in Brisbane.
He said the airline was advanced in its examination of opportunities for potential ...