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earnings
Format: PDF earnings
Virgin Australia reported H1 FY20 results with record revenue of $3,116.3 million and 2.5% RASK growth, though statutory losses increased due to AASB 16 adoption and cost pressures. The airline announced capacity reductions for FY21, fleet restructuring including Tigerair's Boeing 737 transition, and achieved strong customer satisfaction metrics with the best on-time performance among major Australian carriers.
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