Radarspotting
Miscellaneous => Aviation News => Topic started by: mhm on February 19, 2015, 01:27:43 PM
Virgin Australia saw its losses narrow to A$47.8m ($37.3m; £24.2m) in the six months to December because of lower oil prices and a cost-cutting programme.
Revenue rose by 6% to A$2.38bn from a year earlier.
Australia's second-largest carrier has also benefited from a truce with rival Qantas following a bruising domestic price war.
Virgin Australia said it now expects an improved performance in the second half of the financial year.
http://www.bbc.co.uk/news/business-31529133