Brief: Virgin Australia Says Demand And Forward Bookings Remain Strong
BRIEF-Virgin Australia Says Demand And Forward Bookings Remain Strong Aug 28 (Reuters) - 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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