Realignment Costs Drag Down Virgin Australia

Credit: Virgin Astralia
AUCKLAND—While Virgin Australia remains a popular investment option for overseas airlines, the carrier is set to report a significant net loss due to restructuring costs. In its latest financial update, Virgin forecasts a net deficit of 224.7 million Australian dollars ($169.2 million) for its...
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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