28-Jul-2015 12:04 PM
Qantas and Virgin Australia seek to establish international strategies
Airline Leader
In comparison to improving domestic performance, Virgin Australia's 1H2015 losses increased by 54.8% to AUD49.5 million (USD38.7 million) from a AUD31.9 million (USD24.9 million) loss in 1HFY2014. Meanwhile in 1H2015, Qantas International returned to profit for the first time since the global financial crisis. Although domestic flying remains their core business, outbound tourism has overtaken inbound visitors. What are Qantas and Virgin's long-haul strategies?
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