Virgin Australia sells stake in frequent flyer program

Credit: Rob Finlayson
Virgin Australia is selling a minority share of its frequent flyer business to a prominent Asia-Pacific investment group in a move that will yield A$336 million ($314.1 million) for the airline. The carrier announced the sale on the same day that it reported a net loss of $A355.6 million for the...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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