Original article by Steve Creedy
The Australian – Page: 23 : 1-Oct-14

Figures on the remuneration of leading executives at airline Virgin Australia show that CEO John Borghetti was paid a base salary of $A1.67m in 2013-14. This is less than the $A2.05m for Alan Joyce, his counterpart at main rival Qantas Airways. However including incentive awards, Borghetti’s overall package increased 4% year-on-year to reach $A2.78m. The respective underlying losses before tax of Qantas and Virgin for 2013-14 were $A646m and $A212m

CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, QANTAS AIRWAYS LIMITED – ASX QAN, VELOCITY FREQUENT FLYER PTY LTD