Virgin Blue-Air New Zealand alliance rejected–at least temporarily. Mr Borghetti needs a luck change

Virgin Blue CEO, John Borghetti might want to take the weekend off. He certainly shouldn’t be heading for the casino. In the space of two days, two key planks of the carrier’s cooperation strategy, with Delta and Air New Zealand, appear to be under serious threat. A few days ago they looked relatively safe and were on the way to making the Virgin Blue Group a serious competitive force against its much larger competitor, Qantas.