SYDNEY, Nov 2 (Reuters) - Virgin Australia (VAH) said on Wednesday it swung to a loss in the first quarter of the financial year due to subdued trading conditions, particularly in Australia's domestic aviation market.
Australia's second-biggest airline on Wednesday reported an underlying loss before tax of A$3.6 million ($2.76 million) for the quarter ended Sept. 30, compared with an underlying profit before tax of A$8.5 million a year earlier.
Virgin said it was actively managing capacity as needed due to the tough trading environment. Its domestic capacity rose by 0.6 percent in the quarter. ($1 = 1.3062 Australian dollars)
