Virgin Australia reported a net loss of A$34.6 million ($26.4 million) for the three months through Sept. 30, reversed from a net profit of A$1.7 million for the same period last year. The carrier cited “subdued industry trading conditions during its fiscal first quarter, particularly [in] the domestic market.” Virgin indicated it is curbing growth plans because of softening domestic revenue. “Capacity is being actively managed in response to the trading ...

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