Virgin Australia Group underlying profit improves in Dec-2015 quarter

Virgin Australia Group reported (04-Feb-2016) the following financial highlights for three months ended 31-Dec-2015:

• Underlying profit before tax: AUD73.0 million (USD52.6 million), +32.2% year-on-year;
• Profit after tax: AUD60.8 million (USD43.8 million), +343%;
• Passenger numbers: 6.1 million, -1.4%;
• • Domestic: 5.4 million, -1.3%;
  • • Virgin Australia: 4.4 million, -1.3%;
    • Tigerair: 1.0 million, +9.1%;
  • International: 703,214, -2.6%;
  • Passenger load factor: 80.3%, +0.4 ppt;
  • Domestic: 79.2%, -0.3 ppt;
  • • Virgin Australia: 77.7%, -0.4 ppt;
    • Tigerair: 86.5%, stable;
  • International: 82.7%, +1.9 ppt. [more - original PR]

*Based on the average conversion rate at USD1 = AUD1.3887