A stake in Virgin Australia Holdings Ltd. may be up for grabs after Air New Zealand Ltd. said it would consider selling its 25.9 percent holding. Any new investor may want to consider this: Return on equity for Virgin has swung wildly in the past five years, falling to a negative 10.4 percent in the full year ended June 2015. Air New Zealand and Singapore Airlines Ltd., which also owns a Virgin stake, both had positive returns in their last fiscal years.
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