Virgin Blue passenger numbers fall in Feb

Company News

Virgin Blue Holdings Ltd (ASX:VBA) says its domestic passenger numbers fell 6.7 per cent in February from the year before.

International passenger numbers dropped 23.7 per cent in February over the previous year. 

The airline says the decline in international passenger numbers was largely due to the withdrawal of Pacific Blue from the domestic New Zealand market.

Just last week Virgin Blue warned that its 2011 financial year profit is expected to slide to a net loss of between $30 million to $80 million, well under the $21.3 million net profit Virgin booked in the 2010 financial year.

In the first half of the 2011 financial year, Virgin Blue’s net profit shed 62 per cent to $23.8 million.


 


Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?