{"id":7684,"date":"2020-03-02T21:17:27","date_gmt":"2020-03-03T03:17:27","guid":{"rendered":"http:\/\/planesintheair.com\/?p=7684"},"modified":"2020-03-02T21:19:19","modified_gmt":"2020-03-03T03:19:19","slug":"virgin-australia-share-price-dips-below-10-australian-cents","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=7684","title":{"rendered":"Virgin Australia Share Price Dips Below 10 Australian Cents"},"content":{"rendered":"\n<p>Written by\u00a0Adam Thorn<\/p>\n\n\n\n<p>Virgin Australia\u2019s share price dipped below 10 cents on Monday \u2013 days after credit rating agency Standard &amp; Poor\u2019s downgraded its outlook to negative.<\/p>\n\n\n\n<p>The drop represents an enormous fall from a high of $2.19 in February 2007. Virgin played down the developments, claiming any speculation of the future of the business was \u201cuntrue and misleading\u201d.<\/p>\n\n\n\n<p>Last week, Australian Aviation reported that the wider group announced a $97 million half-year loss and its intention to cut its Tigerair fleet.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"798\" height=\"514\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/Virgin-Australia-share-price.png\" alt=\"\" class=\"wp-image-7685\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/Virgin-Australia-share-price.png 798w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/Virgin-Australia-share-price-300x193.png 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/Virgin-Australia-share-price-768x495.png 768w\" sizes=\"auto, (max-width: 798px) 100vw, 798px\" \/><\/figure>\n\n\n\n<p>Click the link to read the full story! <\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/australianaviation.com.au\/2020\/03\/virgin-australia-share-price-dips-below-10-cents\/\" target=\"_blank\">https:\/\/australianaviation.com.au\/2020\/03\/virgin-australia-share-price-dips-below-10-cents\/<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1164\" height=\"549\" src=\"https:\/\/i2.wp.com\/planesintheair.com\/wp-content\/uploads\/2020\/03\/ssw_render_1.jpg?fit=640%2C302\" alt=\"\" class=\"wp-image-7686\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/ssw_render_1.jpg 1164w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/ssw_render_1-300x141.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/ssw_render_1-1024x483.jpg 1024w, https:\/\/planesintheair.com\/wp-content\/uploads\/2020\/03\/ssw_render_1-768x362.jpg 768w\" sizes=\"auto, (max-width: 1164px) 100vw, 1164px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Virgin Australia\u2019s share price dipped below 10 cents on Monday \u2013 days after credit rating agency Standard &#038; Poor\u2019s downgraded its outlook to negative. The drop represents an enormous fall from a high of <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10174,797,4813,3965,9181,89,5637,6117,8222,5992,2203,4957,5676,10366,10169,10617,10176,1397,10195,10171,868,10182,1103],"tags":[220,10609,4600,4601,3107,47,420,3732,1480,876,160,10608,988,10242,5374,2234,7526,1558,3998,10616,3740,8160,10030,3417,3066,9371,7268,10610,9456,595,10612,2916,1483,3301,5253,688,2758,7941,9049,10613,10523,10148,3577,2029,10614,2912,6390,412,8912,4412,3247,8757,5376,1570,3228,4498,8888,4240,1699,719,10615,2547,5047,4804,101,4307,7934,1756,2337,10611,2801,1691,1658,10298,512],"class_list":["post-7684","post","type-post","status-publish","format-standard","hentry","category-airline","category-airline-news","category-airplane-news","category-airport-news","category-australia-news","category-aviation-news","category-business-news","category-china-news","category-consumer-news","category-economic-news","category-finance-news","category-global-politics","category-international-news","category-low-cost-carrier","category-news","category-pacifica","category-stock-news-2","category-stock-news","category-transport","category-transportation","category-transportation-news","category-travel","category-travel-news","tag-a320","tag-adam-thorn","tag-adelaide","tag-after","tag-agency","tag-airbus","tag-airline","tag-announce","tag-australia","tag-australian","tag-aviation","tag-below","tag-business","tag-businesses","tag-cairns","tag-cash","tag-challenging","tag-chinese","tag-coast","tag-coffs","tag-conditions","tag-continue","tag-coronavirus","tag-credit","tag-cut","tag-days","tag-developments","tag-dips","tag-downgraded","tag-economy","tag-expectation","tag-experience","tag-fleet","tag-future","tag-gold","tag-government","tag-harbour","tag-help","tag-hobart","tag-inbound","tag-intention","tag-maintains","tag-melbourne","tag-minister","tag-nationals","tag-nations","tag-negative","tag-news","tag-other","tag-outlook","tag-plans","tag-poors","tag-position","tag-price","tag-prime","tag-rating","tag-recession","tag-reported","tag-restrictions","tag-routes","tag-scott-morrison","tag-share","tag-speculation","tag-standard","tag-stock","tag-strong","tag-struggling","tag-sydney","tag-technical","tag-tigerair","tag-tourism","tag-transport","tag-transportation","tag-unprofitable","tag-virgin"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7684"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7684\/revisions"}],"predecessor-version":[{"id":7687,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7684\/revisions\/7687"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}