News
Virgin Australia interim net profit declined by 27.9% in latest reported six months
March 2nd 2026
Virgin Australia (VA) has reported net profit of A$341.1 million (US$243 million) for the six months to December 31, 2025, down from A$473.1 million in the same six months in 2024. Read More » Revenue climbed 9.3% to A$3.3 billion, VA said in a regulatory filing. The company said the decline in net profit reflected the recognition of deferred tax assets from prior years. Absent those one-time factors, VA reported underlying net profit was 20.7% higher at A$279 million. "The group’s continued strong performance clearly demonstrates our constant focus on transformation and innovation is not only delivering strong financial outcomes, but strengthens our ability to remain a robust competitor for years to come," VA CEO, Dave Emerson, said. "Passenger demand remains strong, with consumers continuing to prioritise travel and connectivity, supporting the airlines segment. However, cost pressures persist across the industry, growing above inflation in several areas of the aviation supply chain, including airport charges and aircraft maintenance." VA expects demand for air travel to "remain strong". It is planning to increase domestic capacity in the six months to June 30 by 2% to 3% and by 3% in the three months to September 30.
