News
Virgin Australia reports first annual results since relisting on Australian Stock Exchange
August 29th 2025
Virgin Australia’s (VA) first annual financial report after returning to the Australian Securities Exchange shows the airline’s pro forma underlying net profit after tax for the financial year to June 30 was A$331 million (US$215.08 million), a 27.8% improvement compared with a year ago. Read More » Revenue for the 12 months was A$5.8 billion, VA said. “The airline performed strongly, recording underlying EBIT9 of $535 million, an increase of $143 million (+36.4%) over fiscal year 2024. It was driven by strong load factor, growth in ancillary revenue and an improved passenger mix, contributing to a Revenue per Available Seat Kilometre increase of 4% for the 12 months. Cost per Available Seat Kilometre (CASK) was higher by 1.8% predominantly due to higher maintenance costs and airport fees. These costs were partially offset by lower fuel costs,” VA said. “In the full year, VA booked strong underlying earnings growth, re-launched long-haul services, advanced our Transformation Program and lifted operational performance, VA CEO and managing director, Dave Emerson, said.