Virgin Australia to cut 750 staff after FY2019 loss
Credit: Rob Finlayson
The Virgin Australia Group reported a net loss of A$315.4 million ($212.7 million) for the 2019 fiscal year ended June 30. This was an improvement from the A$653.3 million loss in the previous year, but the carrier’s underlying pre-tax loss of A$71.2 million was worse than the A$64.4 million profit...
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