VAH 0.00% 8.6¢ virgin australia holdings limited

News: Virgin Australia quarterly earnings slide 37 pct in tough market

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    SYDNEY, Feb 3 (Reuters) - Virgin Australia (VAH) on Friday posted a 37 percent fall in second-quarter underlying earnings before taxes as tough conditions persisted in the domestic aviation market.

    Australia's second-biggest airline reported an underlying profit before tax of A$45.9 million for the quarter ended Dec. 30, compared with an underlying profit before tax of A$73 million a year earlier.

    On a statutory basis, including restructuring charges associated with a cost-savings program, it reported a profit before taxes of A$13.1 million.

 
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