Virgin Australia Holdings Limited (ASX:VAH) has rebounded to a full year net profit after it booked a $68 million loss the year before.
The airline generated net income of $22.8 million after increasing its domestic revenue ahead of its target, citing corporate and government customers as key drivers in boosting its results.
Looking ahead, Virgin will focus improving its access to global markets to drive further revenue growth and expects capacity growth between eight and nine per cent in the first half of 2013 but has not provided guidance for the year ahead.
VAH Price at posting:
45.5¢ Sentiment: None Disclosure: Held
