Breaking News:VIRGIN Blue Holdings Ltd has flagged a plunge in first half net profit due to floods, a slowdown in consumer spending and disruptions to the airline's check-in system late last year.Shares in Virgin Blue dropped one cent, or 2.35 per cent, to 41.5 cents after 12.7 million shares changed hands.Virgin Blue on Tuesday said it expected to post a net profit for the six months to December 31 of between $23 million and $26 million, down more than 50 per cent from $62.5 million for the same period in 2009. Read More:
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