Clear skies as Virgin Australia returns to profit
Australia's No 2 carrier has benefitted from lower fuel prices and an end to fare wars.
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The skies are favourable for airlines and even struggling ones, such as Virgin Australia, are returning to profitability.
Lower fuel prices, cost-cutting, curbs on capacity growth and a reduction in fare wars have put Australia’s number two carrier back into the black.
Virgin, which is owned by
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Nevil Gibson
Mon, 09 Feb 2015
Mon, 09 Feb 2015
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