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Virgin reveals $355m loss

Virgin reveals $355m loss

A DAY after Qantas posted its worst loss in history, domestic rival Virgin Australia has also announced a loss of $355.6 million and revealed stake in frequent flyer program will be sold off.

Travel
Flying kangaroo is pulling up – Joyce

Flying kangaroo is pulling up – Joyce

QANTAS spilt $2.8 billion worth of red ink in a horror financial year but chief executive Alan Joyce yesterday maintained his plan to turn around the airline by sacking 5000 staff was working.

Original URL: https://www.thechronicle.com.au/business/companies/travel/page/144