PPRuNe Forums - View Single Post - Virgin Australia faces financial crush.
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Old 2nd Nov 2016, 00:23
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B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,395
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Virgin Australia has just released their trading update for July, August and September. The statutory loss after tax for the 3 months was $34,600,000.

It appears the interest by Singapore Airlines in taking over Virgin Australia has waned since the Chinese have come onboard possibly after being approached by John Borghetti.
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