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VGN — Virgin Australia Holdings News Story

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Brief: Virgin Australia Says Demand And Forward Bookings Remain Strong

BRIEF-Virgin Australia Says Demand And Forward Bookings Remain Strong

- Virgin Australia Holdings Ltd VGN.AX:

  • DEMAND AND FORWARD BOOKINGS REMAIN STRONG

  • UNDERLYING EBIT FOR 1HFY27 IS EXPECTED TO BE BROADLY IN LINE WITH 1HFY26

  • CAPEX EXPECTED TO BE APPROXIMATELY A$0.9-1.0 BILLION FOR FY27

  • SIGNIFICANT ITEMS EXCLUDED FROM FY27 UNDERLYING RESULTS ARE EXPECTED TO BE A$40 MILLION

  • RASK EXPECTED TO GROW 6-8% IN 1HFY27

  • DOMESTIC CAPACITY TO REDUCE BY 3% IN 1HFY27

  • FUEL EXPECTED COST OF A$700 MILLION IN 1HFY27

  • SEES VELOCITY FY27 UNDERLYING EBIT BEING BROADLY IN LINE WITH FY26

Further company coverage: VGN.AX


((Reuters.Briefs@thomsonreuters.com;))

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