Virgin Australia Profit Soars, First Dividend Since 2025

Virgin Australia announced its underlying net profit after tax for the 12 months ending June 30, 2026, reached A$404 million. This figure represents a 21.9% rise compared to the prior year and surpassed analyst expectations. The airline's profitability was bolstered by strong travel demand and a successful transformation program.

Fueling confidence, Virgin Australia declared a fully franked dividend of 7.6 Australian cents per share, its first since relisting in 2025. The company anticipates trimming domestic capacity by 3% in the first half of the upcoming fiscal year, mirroring competitor strategies to support revenue.

Furthermore, the airline projects first-half revenue per available seat kilometre (RASK) growth between 6% and 8%. This forecast exceeds market consensus and highlights resilient travel demand alongside disciplined capacity management by the company.