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The Virgin Australia transformation is largely complete, now for the financial transformation Just the day before Virgin Australia tapped its shareholders to the tune of $852 million, Qantas announced it had finished returning $500 million to its own shareholders via a share buyback. That’s a pretty stark illustration of the financial situation of Australia’s two
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Qantas completes $500m share buyback, eyes further shareholder returns John says: Well, well, well. Abbott was right. The Coalition government did not need to sink huge amounts of cash into a business that could sort itself out. Let governments govern and let business get on with business. This content is available exclusively to Australian Aviation