Amendment.....Plenty of positives for VBA.....1. CHEAP FARES AND...

Amendment.....

Plenty of positives for VBA.....

1. CHEAP FARES AND CHEAP STOCK

2. OIL is now under $40/barrel.

3. V Aust launch coming in Feb.

4. VBA float price in 2004 was ABOVE $2, now trading at 37c.

5. Probability very good that Divis will be back soon.

6. Chairmans address in Nov...

"During the past few months, industry rationalisation on a regional and global scale has gained momentum. We expect this to continue and believe that economic conditions will drive further need for consolidation, including merger activity, across the industry."