iscover
Game on
0 comment
The differing fortunes of Qantas and Virgin
The aviation and financial community knew what the results of the two major domestic carriers would be. But the stark reality of the numbers of one airline appearing to be in decline and the other on the rise was sobering nonetheless.
On one hand Qantas announced a statutory loss after tax of $244 million – its first loss since privatisation – but posted an underlying profit before tax of $95 million. On the other, Virgin Australia posted an underlying profit before tax of $82. 5 million, a turnaround of no less than $149 million on the previous year.
This content is available exclusively to Australian Aviation members.
A monthly membership is only $5.99 or save with our annual plans.
- Australian Aviation quarterly print & digital magazines
- Access to In Focus reports every month on our website
- Unlimited access to all Australian Aviation digital content
- Access to the Australian Aviation app
- Australian Aviation quarterly print & digital magazines
- Access to In Focus reports every month on our website
- Access to our Behind the Lens photo galleries and other exclusive content
- Daily news updates via our email bulletin
- Unlimited access to all Australian Aviation digital content
- Access to the Australian Aviation app
- Australian Aviation quarterly print & digital magazines
- Access to In Focus reports every month on our website
- Access to our Behind the Lens photo galleries and other exclusive content
- Daily news updates via our email bulletin
Want to see more stories from trusted news sources?
Make Australian Aviation a preferred news source on Google.
Click here to add Australian Aviation as a preferred news source.
