Virgin Australia Transformation Plan Yields Return To Profit

virgin australia
Credit: Joe Pries
Virgin Australia is continuing to see improved financial performance since its restructuring during the pandemic and has recorded its first annual net profit in 11 years. The carrier achieved a net profit of A$129 million ($82.3 million) for fiscal 2023, the 12 months through June 30. Virgin...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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