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:
Mainfreight Limited
of New Zealand
(2017
sales of 2.33 billion New Zealand Dollars [US$1.68 billion]
),
Air New Zealand Limited
of New Zealand
(5.11 billion New Zealand Dollars [US$3.67 billion]
), and
Regional Express Holdings Ltd
(280.97 million Australian Dollars [US$221.58 million]
of which 92%
was Regular Public Transport).
Sales Analysis.
Virgin Australia Holdings Limited reported sales of A$5.04 billion (US$3.98 billion)
for the
fiscal
year ending
June of 2017.
This
represents
a very small
increase of 0.8%
versus 2016, when the company's sales were A$5.00 billion.
This was the fourth straight year of sales 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
14.2% in 2017, from
A$475.90 million to A$543.30 million.
Virgin Australia Holdings Limited also saw significant increases in sales in
Velocity (up 13.2% to A$371.00 million)
.
Not all segments of Virgin Australia Holdings Limited experienced an increase in sales in 2017:
sales of Virgin Australia-Domestic fell 9.0% to A$3.13 billion.
Virgin Australia Holdings Limited also experienced decreases in sales in
Virgin Australia-International (down 1.7% to A$999.00 million)
.