Virgin Australia to cut jobs

VIRGIN Australia will cut 750 jobs as part of a restructure after announcing a full-year loss of $349.1 million that left the airline in the red for the seventh year in a row.

Revenue for the 12 months to June 30 rose 7.5 per cent to $5.83 billion despite a “challenging trading environment” in the second half of the financial year.

Sunraysia Daily

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