You are here

Virgin Australia frets over low consumer confidence

BT_20141212_VIRGIN128UKL_1409095.jpg
"Where there is uncertainty, people go and hide in corners, and I think that's what we're seeing now in terms of spending," says Mr Borghetto.

Sydney

VIRGIN Australia Holdings Ltd, Australia's second-largest airline, says the economy is its biggest concern as consumer confidence hits a three-year low.

The state of Australian household demand is a bigger worry than oil prices or competition with Qantas Airways Ltd, chief

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom