Virgin Australia half-year profit rises 21% on strong demand
26/02/2026 21:28
Feb 27 (Reuters) - Virgin Australia VGN.AX posted a 20.7% rise in half-year underlying profit on Friday, lifted by strong customer demand and benefits from its transformation program. Australia's second-largest airline reported underlying net profit after tax of A$278.7 million ($198.07 million) for the six months ended December 31, up from A$230.9 million a year earlier. ($1 = 1.4071 Australian dollars) (Reporting by Sneha Kumar and Nikita Maria Jino in Bengaluru; Editing by Tasim Zahid) ((Sneha.Kumar@thomsonreuters.com; Nikita.Jino@thomsonreuters.com))
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