VBA virgin blue holdings limited

Macquarie downgraded from Buy to Hold, saying that the promises...

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    Macquarie downgraded from Buy to Hold, saying that the promises not to cut service on the Kiwi & US routes (to try to get the ACCC & DoT onside) might slow the profit recovery. Probably took the steam out of the shareprice today.

    Positive news from either regulator might turn sentiment around fairly quickly though.
 
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