Aug 28, 2026 – 11.45amVirgin Australia says its exposure to jet fuel market volatility will increase as hedges roll off, but the airline is confident it can offset that with capacity cuts and other cost savings to maintain steady earnings.Virgin beat analyst expectations with a 13.4 per cent increase in underlying earnings before interest and tax to $753 million, boosted by its fuel hedging strategy and efficiency benefits from a fleet renewal program, allowing it to pay a 7.6¢ a share dividend – the first since it relisted in 2025.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
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.
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