Virgin's Profit Rises as Fuel Volatility Defence Works

Virgin pays first dividend since relisting as fuel hedging delivers

The airline grew profits last financial year as rivals struggled after it instigated an expensive fuel hedging strategy that paid off in spades.

Virgin's profit rises as fuel volatility defence works

Virgin has lifted profits in its first year back on the stock exchange, after ringfencing its fuel costs amid war-driven market volatility.

New planes, fuel hedging shield Virgin from oil price shock

The airline took delivery of 17 planes in the fiscal year, including 13 Boeing 737-8 Max aircraft with engines that burn less fuel.

Virgin Australia posts robust FY26 results and first dividend since re-listing

The airline operator delivered solid profit growth for the financial year. The post Virgin Australia posts robust FY26 results and first dividend since re-listing appeared first on The Motley Fool Australia.

Virgin Australia to trim capacity after profit beat, sees stronger revenue

Virgin Australia said on Friday it expected to trim domestic ​capacity by 3% in line with rival Qantas Airways in ‌the first half, supporting revenue growth, after reporting better-than-expected full-year earnings.

Virgin Australia's profit flies higher

Australia's second-largest airline has lifted its annual earnings despite headwinds from the US-Iran war, which disrupted passenger travel plans and […] The post Virgin Australia’s profit flies higher appeared first on Central Queensland Today.