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Virgin Australia trebles its full year losses

Started by mhm, August 30, 2014, 02:02:25 PM

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mhm

August 30, 2014, 02:02:25 PM
Virgin Australia Holdings has posted an after-tax loss of A$355.6m ($332.6m; £200.5m) for the full year ending in June.

The result is more than triple the firm's previous year's loss of A$98.1m.

The carrier blamed weak consumer sentiment, overcapacity in the market and carbon tax costs for the loss.
http://www.bbc.co.uk/news/business-28977837
Mike Colon Cancer Survivor for the Time Being.
Fides In Tenebris.
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