Skip to main content
See every side of every news story
Published loading...Updated

Virgin Australia half-year profit tops estimate on strong holiday demand

Virgin Australia’s pre-tax earnings rose 11.7% to $490 million driven by leisure demand and Velocity loyalty growth despite ongoing industry cost pressures.

Summary by WTVB
Feb 27 (Reuters) – Virgin Australia posted a 20.7% rise in half-year underlying profit ​on Friday, beating ‌estimates as strong customer demand and benefits from its transformation program lifted the bottom line. Australia’s second-largest ‌airline ​reported underlying ⁠net profit after ⁠tax of A$278.7 million ($198.07 million) for the six months ended December 31, beating Visible ​Alpha’s consensus estimate of A$261.1 million and ⁠up from A$230…

8 Articles

PerthNowPerthNow
Reposted by
The West AustralianThe West Australian
Center

Virgin's profit dented by post-administration tax bill

Virgin Australia has released its initial set of first-half results after listing on the stock exchange last year.

·City of Perth, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

WTVB broke the news in on Thursday, February 26, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal