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.
