Virgin Blue Holdings

In line with its recent upgrades, Virgin Australia (ASX:VBA) is now offering a 300-seat lounge. The new offering was unveiled on Monday, designed to offer a welcoming environment that will enable flyers to experience the best of the airline's products on the ground.

Virgin Blue (ASX:VBA) rebrands itself as Virgin Australia. Owner Richard Branson, along with John Borghetti, will unveil a new two class Boeing 737, new business class and its new name in Sydney later.

The new branding campaign aims to boost its share in the business class market from 12 to 20 percent. Hans Hulsbosch, the man commissioned by Qantas to enhance its flying kangaroo, was chosen by Virgin to do the same work for the airline to attract business flyers.

According to the Australian Financial Review, Virgin Blue (ASX:VBA) has revealed new products and services amounting to $30 million. The low cost airline company plans to lure business travellers with its new amenities. This can be the start of a competition with Qantas who dominates the business class travel market.

Airline services company, Virgin Blue (ASX:VBA) have had their propsed alliance with Air New Zealand rejected by the Australian Competition and Consumer Commission (ACCC) in a draft report released on Friday as it felt that such a link would lessen competition.

Ausenco (AAX), a renowned company that operates in the engineering and project management facilities at a global; scale to the minerals processing and mining industries was the worst performing company in the ASX200 list for the week. The company had a market capitalisation of $286.3 million and lost 30.4 percent to its stock price and was closed for the week at $2.34. Its stocks were traded at $3.36 during the last week.

Linc Energy (LNC), an organization involved in the energy industry with a primary focus on the exploration of coal, gas and diesel and a supplier of environment friendly power, diesel and aviation fuels was the worst performer in the ASX200 list for the 17th week. The company had a market capitalisation of $596.1 million and lost 20.4 percent to its stock price closing for the week at $1.23. Its stocks traded at $1.55 during the last week.

Wotif.com Holdings (WTF), an online travel agency that offers online accommodation booking services to in excess of 45 countries with a primary concentration on Australia and New Zealand was the worst performer in the ASX200 list for the 15th week. The company had a market capitalisation of $1377.0 million and lost 14.6 percent to its stock price and was closed for the week at $6.57. Its stocks were traded at $7.69 during the last week.

Energy Resources of Australia (ERA), one of the major producers of Uranium of the international market was the worst performer in the ASX200 list for the 14th week. The company had a market capitalisation of $3376.1 million and lost 9.3 percent to its stock price and was closed for the week at $17.70. The ERA stocks were traded at $19.51 during the last week.

Suncorp-Metway Limited (SUN), an Australia based financial services group that concentrates in the insurance, retail services, funds management products, provision of banking, superannuation, and corporate and commercial sector (market capitalisation $11501.6 million) was the best performer of the 3rd week in ASX100 with a gain of 3.3 percent or 29 cents closing the week at $9.05.