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Virgin Blue said today that the Group now estimates its reported Net Profit before Tax and Exceptional Items for the 2010 financial year will be in the range of $20-40 million, compared to previous guidance of $80 million.
There has been substantial media commentary concerning the current outlook for Qantas. Qantas has also received questions from certain investors on this issue in view of the offer which has been made for Qantas by Airline Partners Australia.