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Virgin Australia Archive
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How the first phase of peak oil brought Virgin Australia into minus after 2008
Posted on May 3, 2020 | No CommentsFig 1: The conventional crude oil plateau started in 2005 At the end of the high oil price period in June 2014, Virgin Australia had liabilities of $ 4.7 bn. […] -
Despite growth in passenger numbers Virgin Australia can’t make money since 2009
Posted on February 12, 2014 | No CommentsSummary Virgin’s operating revenues have grown more than 4-fold over 10 years but since 2009 – the year peak oil triggered the global financial crisis – operating expenses were as […]