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Privatisation on the cards for Virgin Australia

The airline has swung to profitability and forecasts continued improvement

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Virgin said it expected its underlying performance for the second and third quarters of the financial year to continue to improve relative to the same period last year.

Singapore

VIRGIN Australia Holdings Ltd said on Wednesday it was considering going private as it swung to profitability in the first quarter from a loss a year ago and forecast a continued improvement in the second and third quarter.

Australia's second-biggest airline is about 90

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