Hit by carbon tax of A$24.4million, Virgin Australia’s net profit dropped by 56% to A$23 million ($23.5 million) during the first-half FY2012/13 ending Dec. 31, 2012. Profit before tax was down 36.5% to A$61 million. CEO John Borghetti says the decline was due to “the introduction of the carbon tax, the cost of which we were unable to recover due to aggressive competition in the market.” Revenue rose 5.4% during the period, however, and the airline carried the highest number of passengers recorded in any half year period. Numbers rose 200,000 to exceed 10 million. “We have made significant progress

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