Current travel arrangements with Qantas are due to expire 30 Jun 10, with new Whole of Government (WoAG) travel contracts to take effect from Thurs 1 Jul 10.
WoAG airfares and services will include Virgin Blue (domestic) and Virgin's international carriers. this should help boost passengers numbers and profit (including business travellers) who usually pay a higher premium than the generaql public.
Would expect virgins share price top increase in due course (IMO)
VBA Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held