VIRGIN POSTS APRIL UPTURN

VIRGIN POSTS APRIL UPTURN

VIRGIN Australia (ASX: VAH) has posted an upswing in its operating results for last month in light of this year's Easter shift from March to April.

In Virgin Australia’s domestic operations, passenger numbers increased 4.9 per cent and available seats were down 1.5 per cent from the previous corresponding period.

Positive results were recorded for the airline’s international operations, which grounds the total network revenue load factor for the financial year to date at 79.2 per cent, up from 76.1 per cent this time last year.

VAH budget division Tigerair Australia also saw a 21.2 per cent increase in passenger numbers for the month from the prior corresponding period.

While this result came with a 30.5 per cent increase in available seats, this was attributed to the launch of Tigerair Australia’s Brisbane base and a resulting four new routes.

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

EMVision unveils portable brain scanner for first responders

EMVision unveils portable brain scanner for first responders

Founder-led medical technology company EMVision (ASX: EMV) has toda...

Arena REIT to raise $140m amid plans to acquire or develop 10 childcare centres

Arena REIT to raise $140m amid plans to acquire or develop 10 childcare centres

Real estate investment trust Arena (ASX: ARF) has announced plans t...

SunRice acquires SavourLife, a pet food company that donates half its profits to saving rescue dogs

SunRice acquires SavourLife, a pet food company that donates half its profits to saving rescue dogs

SavourLife, a family-owned pet food company that has helped re-home...

DroneShield shares shot down despite record revenue and $1.1 billion pipeline

DroneShield shares shot down despite record revenue and $1.1 billion pipeline

DroneShield (ASX: DRO) shares lost more than 20 per cent of their v...