Virgin Australia Is Down More Than Thirteen Per Cent On Surprise Profit Downgrade

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Virgin Australia is down more than 13% in late trade after the airline yesterday told investors it would make less money this year than it did in 2012.

It was trading down 13.4% or 0.06 cents at 3:02PM

Qantas was down 2.3% to $1.67 at 3:27PM.

Click here for live updates.

Now read: Virgin Australia Has Issued A Surprise Profit Warning

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