THE DISTILLERY: Virgin curveball

Jotters decipher Virgin Australia's surprise earnings downgrade, with one eying Etihad's position on the airline's register.

Virgin Australia gave its shareholders, both big and small, a nasty piece of news that its profit for this financial year would be below last year’s. The stock was punished to the tune of 17.4 per cent. So how did the carrier manage that piece of PR along with its increasingly crowded register?

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