Virgin Australia Under Pressure Yet Again

Virgin Australia’s business is struggling due to “subdued trading conditions”, particularly in the domestic market, with the carrier reporting an underlying loss before tax of A$3.6 million ($2.76 million) for the quarter ended Sept. 30. Once again it looks like Virgin’s expenses are running ahead of revenue as both passenger numbers and load were both up for the period, no doubt driven by unprofitable discounting.

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