You are here

Virgin Australia frets over low consumer confidence

"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.


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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to