Virgin Blue Singin' the Blahs
Australia's second-largest carrier sees its shares plunge Monday after its Friday evening profit warning; higher fuel costs are the culprit.
Toll stuck with Virgin for now
VIRGIN BLUE'S controlling shareholder, Toll Holdings, remains intent on selling its stake in the airline in the longer term despite the failure of an almost year-long hunt for...
Kill the competition: FTSE plunge ......
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Back to the Wesfarmers chequebook
Michael Evans often bites off more fairy bread than he can chew.
Virgin Blue stocks slump to record low
Shares in Virgin Blue Holdings plummeted to a record low on Monday after the carrier issued a profit warning late on Friday.
Virgin Blue Singin' the Blahs
April 14, 2008
Australia's second-largest carrier sees its shares plunge Monday after its Friday evening profit warning; higher fuel costs are the culprit.
Virgin Blue's Main Shareholder Gifts Its Stake
In a tough environment for airlines, with fuel costs sky-high, Toll Holdings unable to sell its 62.7% share, which it inherited through a prior takeover, so it offers it to its own shareholders.
Virgin Blue shares plunge after company predicts profit plunge due to fuel costs, competition
Shares of Virgin Blue Holdings Ltd., Australia's second-largest airline, plunged to a record low Monday after the company dropped its annual profit forecast due to rising fuel costs and tough competition.
Hunt for Virgin Blue buyer
VIRGIN BLUE's majority owner Toll Holdings is considering re-privatising the carrier after efforts to sell its 62.7 per cent stake were frustrated by the airline's rapidly...
Toll to make in specie dividend
Toll Holdings Ltd will pay an in specie dividend to its shareholders supported by shares from its investment in Virgin Blue Holdings Ltd.
ASX buoyed by earnings results
The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.
02/21/08
Similar news about Qanta Airways
A year on, small joy for Qantas
It is doubtful many Qantas shareholders will celebrate the first anniversary of the collapse of the $11.1 billion bid for the carrier.
Back to the Wesfarmers chequebook
Michael Evans often bites off more fairy bread than he can chew.
Qantas-Singapore marriage unlikely
A much happier partnership would appear to be between Singapore and Virgin.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
Virgin Blue stocks slump to record low
Shares in Virgin Blue Holdings plummeted to a record low on Monday after the carrier issued a profit warning late on Friday.
Asciano, cap in hand
Asciano boss Mark Rowsthorn will have been heartened by the success of the recent Wesfarmers issue as he works out the best way to raise capital without spooking an already...
Dispute fizzles after a fashion
Commemorations to mark the 10th anniversary of the Great Waterfront Dispute have again been disrupted after Qantas engineers called off a four-hour stoppage.