Save. Virgin Australia has been one of the biggest corporate casualties of the coronavirus crisis, making a third of its workforce redundant. August 8 2021. The group will adjust market capacity back up to meet this demand and is well-positioned to do so, she said. The Virgin Australia group of airlines has a very focused corporate giving program. Register in seconds and access exclusive features. Be part of our community of seasoned travel and hospitality industry professionals from all over the world. Over the next three years, we will continue to execute initiatives designed to improve liquidity, reduce debt and maintain a strong cash balance. to incorporate the statistic into your presentation at any time. Annual Report to shareholders. Virgin Australia, an Australian carrier, appointed administrators on April 21, 2020 with debt of about AUD 5 billion. As a result of the important alliances we have forged and the implementation of SabreSonic, we have developed a comprehensive global virtual network and accessed growth markets around the world. Driven by our strategic choices, we delivered good financial performance in a challenging operating environment. The airlines CEO stated that she is very bullish about the current stage of scheduled border reopening and confirmed Virgins ambition to continue stealing market share from its main rival, Qantas. Group Yield2 increased by 1.2% in a difficult environment Add Files. An assessment of the competitive landscape and market shares for major companies. The Qantas Group Annual Report contains key financial information as well as important operating and corporate information about the Qantas Group. We have made good use of our time while the industry was calm, and we are well advanced on all parts of our transformation strategy, she added. one upper Connect image/svg+xml PDF 9.36 MB. Virgin Money UK PLC - 2021 . Enhancing procurement individually and with alliance partners. Your email address will not be published. Interline and codeshare revenue increased 10.25% on FY13 IBISWorld reports on thousands of industries around the world. Over the half, we implemented a number of major cost reduction initiatives including programs to reduce overall employment and procurement costs, as well as introducing a new Fuel Management System, targeting 2 per cent fuel efficiency savings by the end of Financial Year 2015. According to Virgin CEO Jayne Hrdlicka, the airline expects a rapid and considerable ramp-up in travel demand in the coming months as both domestic and international borders continue to open and as Australians come to live with COVID-19 circulating in the community.. You can use your existing password to login, or if you can't remember it, you can reset it using the link provided here. The profit figure is also backed by the AU$205 million in JobKeeper subsidies Virgin Australia took in FY21. As a result of the early adoption of this accounting standard, future statutory financial results going forward are expected to reflect reduced accounting ineffectiveness and deferral of time value of options until maturity for qualifying hedges. Our 2021 performance highlights. 2018 - Annex. Group records annual loss of AED 22.1 billion (US$ 6.0 billion) due to COVID-19 pandemic impact, its first non-profitable year in over three decades Group revenue of AED 35.6 billion (US$ 9.7 billion) impacted by worldwide travel restrictions and border closures during the entire financial year 2021 Annual Report Print Version Web Version 2020 Annual Report Print Version 2019 Annual Report Print Version 2018 Annual Report Print Version 2017 Annual Report Print Version 2016 Annual Report Print Version 2015 Annual Report Print Version 2014 Annual Report Print Version 2013 Annual Report Print Version 2012 Annual Report Print Version Yeah, but at literally what cost to so many? The report says the outstanding debts were renegotiated during the carriers voluntary administration last year. Whether we're boarding our annual Pride Flight, launching our weekly Happy Hour fares or engaging our guests through . Therefore we can confidently say that The Game has changed. Virgin Australia operates a very successful Australian dollar designated hedging program, providing a large degree of short term certainty and longer term participation and protection. By subscribing, you agree to our Terms and Conditions and Privacy Statement. The result is a significant improvement on its 2019-20 financial year results that saw Virgin report a $3 billion loss. Annual Report to shareholders . We fully expect to continue growing with demand to ensure we operate at about 33% of the domestic market.. Currently, you are using a shared account. It is not where the carrier wanted to be a year after its recapitalisation, but chief executive Jayne Hrdlicka and Bain managing director Mike Murphy said Virgin was still a going concern as it had access to unrestricted cash. The filings. While the 2014 Financial Year has been an extremely tough year for the industry, I am confident that the Virgin Australia Group is in a strong strategic position going forward. . Virgin takes Rexs bait and matches $39 deal in hours, Price war sends economy fares to six-year low, CAREER ON THE MOVE From humble beginnings to key overseas role, The airline passenger experience in the next decade, From the archives: Birds eye view: Following the Tour de France. 2017 - Annex. The Groups cost program delivered a significant reduction in cost growth over the second half of the 2014 Financial Year, with growth in Cost per Available Seat Kilometre (Underlying CASK)9 including fuel and foreign exchange halving to approximately 2 per cent a strong performance given we had lower capacity growth and we continue to invest in product and service initiatives for our customers. Annual Report 2016-2017. Notice to Creditors of Joint and Several Administrators Application to Court: On 23 April 2020, Vaughan Strawbridge, John Greig, Sal Algeri and Richard Hughes in their capacity as Joint and Several Administrators caused to be filed an application pursuant to sections 443B(8) and 447A of the Corporations Act 2001 (Cth) to be heard at 10.15am on Friday, 24 April 2020 before Justice Middleton in . You need a Statista Account for unlimited access. Business efficiency project on track to deliver more than $400 million in cumulative productivity gains by end of FY15 Because in aviation, situational awareness is everything. This is an enormous credit to all of our team members, who have worked tirelessly to ensure we could attract this important market segment. Use Ask Statista Research Service, Australian financial years run from July 1 to June 30 the following year, Busiest U.S. airports - number of passengers 2021, Busiest Indian airports FY 2022, by number of passengers handled, Leading airlines worldwide based on total number of passengers 2020, Passenger traffic at London Heathrow Airport 2002-2021. Virgin Australia Holdings Ltd is an airline operator based in Australia. This statement describes how the directors of the company have had regard to their statutory duties to promote the success of the company (as set out in . In the 2014 Financial Year, time value of options has been separately identified from the underlying results in anticipation of adopting this standard. Virgin Australia Holdings Limited (Virgin Australia) (ASX: VAH) today reported a Statutory Loss after Tax of $355.6 million, including the impact of equity accounted investments. Our story. 2020 Form 10-K 1.8 MB. Virgin Australia has now been recognised as one of Australias top employer brands for four consecutive years at the Randstad Awards and our people and the service they provide remain our key differentiator. Replace the first profit in ten years with the first profit since Brett Godfrey left (apologies to Paul Scurrah who was trying to fix the sinking ship but ran out of time). Save my name, email, and website in this browser for the next time I comment. In the year to 30 June, revenue fell by nearly 70 per cent due to intermittent border closures, from $4.5 billion in 2019-20 to just $1.5 billion, however Virgin claimed it was similarly able to cut down expenditure, also by 70 per cent. Therefore, our Virgin Vision to 2017 is to become Australias favourite airline group. I would like to thank all of our team members for their passion and dedication in delivering the strategy, Mr Borghetti said. A Virgin Australia 737-8FE, VHYIY, arriving at YMML (Victor Pody). The details are in Virgins financial report for the year to the end of June 2020, which the Australian Securities and Investment Commission received a fortnight ago and published on Tuesday. In comparison, Qantas just over three times bigger than Virgin Australia on a revenue basis tripped to a $1.8 billion underlying pre-tax loss in the 2021 financial year. Border closures reduced revenue by over 70% in FY21; however, Virgin claimed it could also cut expenditures by 70%. 2021 Annual Report (PDF) 2021 Annual . To do this, we need to increase the growing customer loyalty to the Virgin Australia Group. Add Files. 2020. Since then, Virgin Australia hasn't turned a profit. Virgin Money UK PLC - 2021 Interim Financial Report (PDF, 1,659KB) Clydesdale Bank PLC - 2021 Interim Financial Report (PDF, 1,211KB) Presentations . The business has also taken a restructuring provision for the exit of the two original Airbus A330 aircraft, as part of our program to reduce our future cost base through further fleet optimisation, and has booked an asset impairment charge of $56.9 million, driven predominantly by excess capacity and competitive pressure in the South East Asian market. carriers voluntary administration last year. . Skywest Airlines Pte Ltd has been rebranded Virgin Australia Regional Airlines. Tigerair has made a number of enhancements this year which will drive benefits, including launching a Brisbane base, securing a new more efficient maintenance provider in BAE systems and reaching agreement with Sydney Airport Corporation Limited about infrastructure constraints at Sydney Airport. Under the Game Change Program, Velocity Frequent Flyer has gone from strength to strength, expanding its global network to over 460 destinations and offering competitive earn and redemption rates and unique member rewards. 2016 - Annex. The recently acquired Skywest business has now been fully integrated into the Virgin Australia platform and we are seeing positive performance from the Charter business which has increased its comparative revenue contribution by 30 per cent this financial year. Importantly, during the 2014 Financial Year, domestic Revenue Load Factors expanded 1.8 percentage points to 76.9 per cent, supported by a record 17.3 million customers choosing to fly with us. ASIC has cancelled the registration of 374 auditors of self-managed superannuation funds (SMSFs) who failed to lodge their annual statements. Virgin Money plc: Annual Report Q3 2016 Trading Update . You're out of free articles for this month. ASX Market Announcements Office . window.__mirage2 = {petok:"m9.hwdv4WnHFYW1joWkBUJuJ94qGhcnLKRcc_p2kRNM-1800-0"}; For the year ended June 2022, on time performance over all routes operated by participating airlines (Jetstar, Qantas, QantasLink, Rex Airlines, Virgin Australia and Virgin Australia Regional Airlines) averaged 76.8 per cent for on time arrivals and 76.1 per cent for on time departures. Statutory Loss After Tax of $355.6 million Learn more about how Statista can support your business. Creative accounting at its very best! Virgin Australia, which was sold to US private equity firm Bain Capital last year, has defied COVID-19 and reaped $3.7 billion in statutory after-tax profits in the year to June 30, its first since 2012. This announcement was authorised for release by the . Their most recent diversity investment was on Jun 14, 2022, when Sesame raised $27M. I would like to take this opportunity to thank all of our team members for their passion and dedication to delivering the Game Change Program strategy. Over the next three years, we will be rolling out a range of initiatives to continue to develop our people to their full potential. Deloitte have assisted them to write off debts and even some bond holder did not get paid at all. As a result of several major balance sheet initiatives executed during the year, the Virgin Australia Group finished the year with a total cash position of $783.8 million and an unrestricted cash position of $541.0 million. which injected fresh capital into the airline. Add Files. Completing the transformation of the in-flight and on-the-ground experience under the Game Change Program has been a key focus for the business during the 2014 Financial Year, with significant enhancements to our lounge network, in-flight entertainment and catering, Mr Borghetti said. Get unlimited news articles and more by creating a free account, Passwords must have at least 10 characters, one number, one lower and Wizz Air Hungary Ltd. We don't support this version of your browser! The proposed transaction with Velocity Frequent Flyer announced today will see a further boost to the liquidity position of the Group. While we cannot disclose all the initiatives for competitive reasons, they include: the introduction of Business Class on our Trans-Tasman and Fiji services from February 2015; the launch of our first Premium Exit at our Melbourne Airport lounge next month; the unveiling of a new state-of-the-art airport ground experience with the opening of our new terminal and lounge in Perth next year; and the upgrade of our Brisbane terminal and launch of our Darwin lounge in March next year. The 2013 comparatives have been restated in the Financial Year 2014 ASX presentation to reflect this treatment. Add Files. Connect with our Media or Investor Relations team. To unlock all Australian Aviation magazine content and again unlimited access to our daily news and features, become a member today. Add Files. Annual Report FY2020-21(9MB PDF) . As a Premium user you get access to the detailed source references and background information about this statistic. Winner 2014 Best Airline Staff Service in the Australia/Pacific region6 for the fourth consecutive year (September 17, 2019). Annual Report 2018. You will be redirected to update payment method page. How are Virgin Australia annual numbers? 2014 Skytrax World Airline Awards Best Airline Staff Service in the Australia/Pacific region. of Volkswagen Financial Services AG. NDIA 2021-22 Annual Report (PDF 8.7MB) NDIA 2021-22 Annual Report (DOCX 10MB) Easy Read. The loss before taxes excludes approximately AU$600 million in impairment costs, redundancies, fines, and foreign exchange losses. Annual Reports. Virgin Group has made 5 diversity investments. September 17, 2019. To support this, the group has announced it will grow its 737 fleet by 45 per cent, from 58 aircraft to 84 aircraft. Virgin Australia Launches Massive Sale And Corporate Offering, Virgin Australia Announces New Cairns-Tokyo Flight, Air New Zealand Dismisses Virgin Merger Reports, Qatar Airways begins partnership with Virgin Australia, MSC Poesia Makes Her Australian Debut, Starting in Sydney, Oman Air Increases Frequency and Adds 4 New Destinations, MSC Cruises To Launch New Eco-Friendly Flagship MSC Euribia, Jelena Dokics Unwavering Desire to Success. Given the initiatives implemented by the group post exiting administration together with access to its available unrestricted cash reserves, the directors consider that the group will continue as a going concern and be able to meet its obligations as and when they fall due over the coming 12-month period.. The figures are also bolstered by Virgins acceptance of $205 million in JobKeeper in the 2020-21 financial year, while the airline also managed to halve its labour costs by the end of 2020, after making more than 3,000 staff redundant and axing budget subsidiary Tiger. Strong momentum in increasing share of Corporate and Government market segment now represents more than 25% of domestic revenue, up from around 10% in FY10 The AU$3.7 billion profit for the fiscal year ended June 30 2021, was an unexpected twist in the story of the previous years AU$3 billion loss. . NZX Appendix 1 & 7. Virgin Australia; Air New Zealand; Star Alliance; More Flying with us. Virgin Australia also re-entered the Australian domestic budget market through the acquisition of a 60 per cent interest in Tigerair Australia at the beginning of the 2014 Financial Year. We have significantly enhanced our balance sheet and liquidity through initiatives such as the issue of Enhanced Equipment Notes in October 2013, the Entitlement Offer in November 2013 and the sale and lease back of our Brisbane based office in May 2014. I am pleased to report that we have now increased our percentage of domestic revenue from the Corporate and Government market segment to more than 25 per cent, far exceeding our original strategic goal of 20 per cent. APS 330 31 December 2022. Annual car sales worldwide 2010-2022, with a forecast for 2023, Number of cars sold in the U.S. 1951-2021, Battery electric vehicles in use worldwide 2016-2021, Annual gas prices in the United States 1990-2021, Automotive industry worldwide - statistics & facts, Motorcycle industry in the United States - statistics & facts, Research expert covering Australia and New Zealand, Profit from additional features with an Employee Account. Included in this was a halving of labour and staff-related costs to $530 million after Virgin axed budget offshoot Tigerair Australia and about 3000 staff with its relaunch last year. Principal activities statistic alerts) please log in with your personal account. Annual Report 2017. IAG is the largest general insurance company in Australia and New Zealand. Media contacts; our brands We have businesses in Australia, Asia and North America. List of Shareholdings of Volkswagen Financial Services AG and Volkswagen Financial Services Group as of 31.12.2019. The Group profit and loss impact from this transaction is expected to be neutral in the 2015 Financial Year. 2021-08-11 - Results-Release - FY21 2021-08-11 - Results Presentation - FY21 2021-08-11 - Appendix 4G and Corporate Governance Statement - FY21 2021-08-11 - Appendix 4E Annual Report - FY21 2021-06-28---Alliance-acquires-an-additional-two-E190-aircraft 2021 05 31 - New debt facilites 2021-05-07 - Qantas-Wetlease-Options The debts are due between now and 2031. But the profit performance was largely due to a one-off $4.4 billion write-off to the claims owed to Virgins creditors after administrators enacted the sale to Bain, which masked poor operating conditions and financial stress that continued in the 2021 period as repeat virus waves crippled recovery efforts. 2020. A monthly membership is only $5.99 or save with our annual plans. Get full access to all features within our Business Solutions. We have also positioned our loyalty program Velocity Frequent Flyer as a significant value driver for the Group, with the highest annual membership acquisition in the programs history and a significant increase in member engagement. I am very sure some truth is hidden is the almost $4.0bil profit after tax. Annual Report 2022 (PDF) , opens in a new window. $200 million in second half FY14. However, when the dust settles, the real profit is due to the AU$4.4 billion in creditor claims extinguished when the company was sold to Bain Capital in November. Like others in the industry, Virgin is preparing to soon see a meaningful recovery in the aviation sector, which will hopefully improve its financial position in the next financial year. The company said in a note: COVID-19 continues to impact the groups operations as governments impose and/or ease restrictions to manage the risk of the virus spreading while implementing vaccination programs. Tigerair Australias performance needs to be viewed in the context of overall industry performance and weak consumer sentiment, particularly in the last quarter of the year, which has a more pronounced impact on low cost carriers. Interline and codeshare customers on Virgin Australias domestic and international network in FY14 compared to FY13. International flying remains an important component of the groups plan, with international flights scheduled to begin in December 2021 following the reopening roadmaps outlined by the different state and Australian federal governments.. In addition to capitalising on growth businesses, we will be focusing on other opportunities to drive yield enhancement. Annual Report 2012-2013. Get unlimited news articles and more by creating a free account, Passwords must have at least 10 characters, one number, one lower and Virgin claims to be prepared for a significant comeback in the aviation sector, with plans to improve its financial position further in the following year. 2007 Annual Report and 2008 Proxy Statement 2.4 MB. Virgin Australia lost AUD3.1 billion last year and remains saddled with AUD1.2 billion of debt it carried into administration, according to filings with the corporate regulator. Data has been collected and analysed by Colmar Brunton, a leading independent Australian research agency. 2021-2022 Commonwealth Consolidated Financial Statements. Annual Report 2022 ASX Release. If your email is already registered you will have provided it to us previously for one of our events/webcasts/newsletters. Reconciliation at Virgin Australia. Customer experience enhanced through completion of major lounge expansion works, launch of complimentary food on selected services and award-winning redesign of Virgin Australia website Help using this website - Accessibility statement. Alongside this, we made encouraging early progress against our Compass sustainability commitments - many of which run to 2025 and beyond. Financial performance for the 2014 Financial Year was impacted by the confluence of excess market capacity, weak consumer sentiment, continued economic uncertainty and the $51.6 million cost of the carbon tax. Group Yield is a non-statutory measure, defined on page 10. Virgin Australia Holdings Limited (ASX:VAH) - Shares, Dividends & News - Intelligent Investor Virgin Australia Holdings Limited (ASX: VAH) - Share Price and Research DELISTED - Current share price for VAH : $0.086 Overview Research Company Financials Company Announcements Dividends Change in Directors' Interest VAH General Information + (Victor Pody). 21-Aug-2009. Virgin Australia lost $3.1 billion last year and remains saddled with $1.2 billion of debt it carried into administration, according to filings with the corporate regulator. The group has always said it intends to target 33 per cent domestic market share by delivering great value to corporate travellers, small to medium businesses, and leisure travellers of all types. Government Commonwealth Consolidated Financial Statements. which masked poor operating conditions and financial stress that continued in the 2021 period as repeat virus waves crippled recovery efforts. Publisher: Telstra Name: Telstra - Annual reports - Investors . Since coming out of administration, with new owners and strong financial backing, Virgin Australia has a much stronger balance sheet.. Participants were asked Would you be more likely to recommend Virgin Australia, Qantas or have no preference? 24% nominated Virgin Australia, 22% nominated Qantas and 54% indicated no preference. Click OK to continue. However, this years profit comes largely off the back of the $4.4 billion in creditors claims that were extinguished by its administrators, following the sale of the airline to US private equity firm Bain Capital in November 2020. Given the uncertain economic environment we are unable to provide guidance for the 2015 Financial Year at this time and we will not be providing guidance on capacity growth going forward. and executives subscribed to our daily newsletter. Maybe they want to offload this dead duck fairly soon? Customers entitled to credits for flights that were cancelled due to the pandemic are potentially owed $604 million. By subscribing, you agree to our Terms and Conditions and Privacy Statement. The filings with the Australian Securities and Investments Commission reveal for the first time the full scale of the airlines strife before it was rescued. International revenue increased 2.6 per cent compared to the 2013 Financial Year against the backdrop of strong competition and a particular weakness in the South East Asian market. 2015. 2018 Form 10-K 1 MB. . case letter, and one special character. Despite the challenging operating conditions, Tigerair Australia carried 500,000 more passengers than the previous year, with passenger numbers increasing to 3.3 million for the 2014 Financial Year. Annual Report 2014-15 Annual Report 2013-14 Annual Report 2012-13 After rebounding from its COVID-19 recession, Australia's economy has weakened due to containment measures to combat new outbreaks of the virus. Hi Mike, actually I thought I saw him the other day in Lowes. These conditions create uncertainty in the timing of recovery of the airline and travel sector and the demand for the groups services. As a result of this transaction, lease-adjusted balance sheet gearing will reduce by 8 per cent. Corporate governance. We are committed to working with Tiger Airways Holdings Limited and Tigerair Australia to ensure the airline has the right network footprint, service standards and cost leadership, to deliver improved financial performance. I dont think Tigerair scraped anything, but they certainly got scrapped. Travel Daily - Informing, connecting and developing the worlds travel industry professionals. This enables us to continue to deliver the right mix of destinations with high frequency to support both our business and leisure purpose guests. 2005 Annual Report and 2006 Proxy Statement 4 MB. Participants were asked How likely is it that you would fly with the following airlines for your next domestic flight? 65% nominated Virgin Australia, 59% nominated Qantas. There are 42.4 million shares issued via a management equity plan, which will vest on the occurrence of an exit event which may include the sale of the group and/or an initial public offering. Available: https://www.statista.com/statistics/1016086/australia-revenue-income-virgin-australia-group/, Revenue and income of Virgin Australia Group in the financial years 2015 to 2019, Available to download in PNG, PDF, XLS format, Passenger kilometers flown by airline worldwide 2020, Total air traffic passengers traveling to/from the United States 2006-2022, Frankfurt Airport: number of passengers 2001-2021, Passenger traffic at Tokyo International Airport in Japan 2012-2021, Number of terminal passengers at Narita Airport in Japan 2013-2022, Daily average of terminal passengers at Narita airport in Japan 2013-2022, Number of flights Incheon International Airport South Korea 2014-2021, Number of international visitors to Australia FY 2010-2022, Number of domestic flights in Australia FY 2011-2021, Number of international flights in Australia FY 2011-2021, Most popular domestic air travel routes Australia 2021, Inbound international aviation capacity growth Australia 2010-2021, International departures from Australia 2020 by country, International arrivals to Australia 2020 by country, Scheduled and flown flights by domestic airlines in Australia 2021, Punctuality of domestic airlines in Australia 2021, Punctuality share of domestic airlines in Australia 2021, Flights cancelled by domestic airlines in Australia 2021, Share of flights cancelled by domestic airlines in Australia 2021, Qantas total revenue in Australia FY 2015-2022, Qantas available seat kilometers in Australia FY 2015-2022, Qantas total passengers carried Australia FY 2015-2022, Busiest airports in Australia - passenger movements 2021, Regional airports in Australia - passenger movements 2021, Number of visitors at Sydney Airport Australia Feb 2019- Oct 2022, by passenger type, Number of domestic passengers at Sydney Airport in Australia 2019-2020, Number of international passengers at Sydney Airport in Australia 2019-2020, Revenue and income by company of Virgin Australia FY 2017-2019, Aircraft lease expenses of Virgin Australia Group FY 2017-2019, Aircraft rental expenses by company of Virgin Australia Group FY 2019, Revenue load factor of Virgin Australia Group flights FY 2017-2019, Labor and staff expenses of Virgin Australia Group FY 2017-2019, Total equity of Virgin Australia FY 2017-2019, EBIT by company of Virgin Australia FY 2017-2019, Total liabilities of Virgin Australia FY 2017-2019, Total assets of Virgin Australia FY 2017-2019, Profit and loss of Virgin Australia FY 2017-2019, Airline passenger revenue of Virgin Australia Group flights FY 2017-2019, Net operating expenditure of Virgin Australia FY 2017-2019, Income of Air Service Australia FY 2015-2018, Airways total income in New Zealand FY 2017-2019, Annual growth of per capita disposable income of urban households in China 2012-2022, Yearly salary in supply chain logistics Japan 2021, by role, Yearly salary in supply chain in Hong Kong 2021, by role, Income in the post industry in South Africa 2006-2016, Fuel and oil expenses of Virgin Australia Group FY 2017-2019, Revenue and income of Virgin Australia Group in the financial years 2015 to 2019 (in billion Australian dollars), Find your information in our database containing over 20,000 reports. On 14 April 2022, the ACCC received an application from Virgin Australia Airlines Pty Ltd on behalf of itself and its related bodies corporate, Virgin Australia International Airlines Pty Ltd and its related bodies corporate (collectively, Virgin Australia) and partner airlines within a specified class of international operating carriers (Partner Carriers) to make and give effect to codeshare . Excludes approximately AU $ 205 million in JobKeeper subsidies Virgin Australia, an Australian carrier, administrators. Asx presentation to reflect this treatment do so, she said become Australias favourite airline Group is airline! Create uncertainty in the Australia/Pacific region6 for the next time I comment will adjust capacity... For your next domestic Flight landscape and market shares for major companies a $ 3 loss! 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