(Reuters) – Airline Virgin Australia said on Monday it had recorded its second year of after-tax profitability since returning to profit last year for the first time in 11 years, and a 6.8% year-on-year increase in group revenue.
The carrier reported an underlying Earnings Before Interest and Tax (EBIT) of A$519 million ($350 million) for the financial year ending June 30, an increase of 18.2% over last year’s result.
($1 = 1.4843 Australian dollars)
(Writing by Lisa Barrington; Editing by Muralikumar Anantharaman)