VBA 0.00% 35.5¢ virgin blue holdings limited

tiger losses totalling more than $74m

  1. 811 Posts.
    The following excert is from business day.

    Long-overdue financial reports show Tiger Airways Australia was only able to declare a profit last year by claiming a tax credit it has since written off.
    Since it began Australian operations in 2007, the airline has run up losses totalling more than $74million.

    Combine this with CASA chasing them for not doing propper maintenance on their planes and that show on TV, I can't understand why anyone would fly with them at all.
 
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