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Virgin Australia reports annual profit, 6.8% group revenue increase
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Virgin Australia reports annual profit, 6.8% group revenue increase
Oct 13, 2024 11:03 PM

(Reuters) - Airline Virgin Australia said on Monday it had recorded its second year of after-tax profitability since returning to profit last year for the first time in 11 years, and a 6.8% year-on-year increase in group revenue.

The carrier reported an underlying Earnings Before Interest and Tax (EBIT) of A$519 million ($350 million) for the financial year ending June 30, an increase of 18.2% over last year's result.

($1 = 1.4843 Australian dollars)

(Writing by Lisa Barrington; Editing by Muralikumar Anantharaman)

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