Virgin Australia has returned a profit for the first time in more than a decade, doubling its 2022 revenue with a reported $5bn.
On Tuesday the airline’s chief executive Jayne Hrdlicka said the results marked “an important milestone”.
The airline has returned a profit for the first time in 11 years. Picture: NCA NewsWire / Nicholas Eagar “Virgin Australia continues to see healthy demand as customers prioritise travel in the face of cost-of-living pressure.” “By creating a systemically lower cost base and a conservative balance sheet as well as investing heavily in technology and our frontline, we are well positioned for the future,” Ms Hrdlicka said.
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