Virgin Australia (ASX:IPO-VIR) announces that it has posted group revenue of A$5 billion, reflecting a surge of 124% over its FY22 performance.

The company’s FY underlying EBIT is reported at A$439 million, translating into a margin of 8.8%.

Furthermore, Virgin Australia also disclosed its FY statutory net profit after tax, which came in at A$129 million.

Virgin Australia is an Australian airline known for providing passenger and cargo transportation services.