Virgin Australia issues profit warning

Virgin Australia’s new Chief Executive Paul Scurrah, has revealed that the company expects full year underlying earnings to be $A100 million ($US68.72 million, £53.99 million, €61.56 million) less than last year. That would result in a minimum loss of $A35.6 million ($US24.6 million, £19.22 million, €21.91 million). Revenue, however, is expected to grow 6% for…