Fig 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 lower…
Tag: Virgin Australia
Despite growth in passenger numbers Virgin Australia can’t make money since 2009
Summary 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 high as…