Virgin Australia improves FY15 result

Company News

Virgin Australia Holdings Limited (ASX:VAH) has improved is annual financial result by trimming its loss.  
 
Australia’s second largest carrier booked a net loss of $93.8 million, narrowing from a loss of $355.6 million the year before. 
 
The result has been aided by a stronger performance from Tigerair and after a period of lowering non-fuel costs.
 
Virgin will release its complete full year results on August 7 2015.
 
Virgin Australia Holdings booked a net loss of $47.8 million in the first half of the 2015 financial year. 

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