Virgin Australia Holdings Limited operates in the Air transportation, scheduled sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Virgin Australia Holdings Limited with three other
airlines in Australasia:
Air New Zealand Limited
of New Zealand
(2016
sales of 5.23 billion New Zealand Dollars [US$3.89 billion]
),
Regional Express Holdings Ltd
(261.91 million Australian Dollars [US$207.37 million]
of which 91%
was Public Transport), and
Mainfreight Limited
which is
based in New Zealand
(2.28 billion New Zealand Dollars [US$1.70 billion]
).
Sales Analysis.
Virgin Australia Holdings Limited reported sales of A$5.00 billion (US$3.96 billion)
for the
fiscal
year ending
June of 2016.
This
represents
an
increase of 5.9%
versus 2015, when the company's sales were A$4.72 billion.
This was the third consecutive year of growth at Virgin Australia Holdings Limited.
Sales of Tigerair Australia saw an increase
that was more than double the company's growth rate: sales were up
67.5% in 2016, from
A$284.10 million to A$475.90 million.
Virgin Australia Holdings Limited also saw significant increases in sales in
Velocity (up 37.4% to A$327.60 million)
.
Not all segments of Virgin Australia Holdings Limited experienced an increase in sales in 2016:
sales of Virgin Australia-International fell 8.6% to A$1.02 billion.