Original article by Jamie Freed
The Australian Financial Review – Page: 18 : 13-Jul-15
Virgin Australia’s international division posted an operating loss of $A49.5m in the first half of fiscal 2015, with a fall in yields due to rising competition on Asian routes such as Bali, Fiji and Thailand. Virgin plans to deploy its Tigerair Australia budget offshoot on these routes from August 2015. However, passengers are not expected to receive Velocity reward points for Tigerair flights that were previously provided by Virgin.
CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, TIGER AIRWAYS AUSTRALIA PTY LTD, QANTAS AIRWAYS LIMITED – ASX QAN, JETSTAR AIRLINES PTY LTD, VELOCITY FREQUENT FLYER PTY LTD, ASPIRE AVIATION PTY LTD, AIR NEW ZEALAND LIMITED – ASX AIZ, FIJI AIRWAYS, AIRASIA X SDN BHD, AIRASIA SDN BHD, GARUDA INDONESIA, SINGAPORE AIRLINES LIMITED, ETIHAD AIRWAYS, DELTA AIR LINES