David Emerson
CEO, MD & Director
Good morning, everyone, and thank you for joining us for Virgin Australia’s FY ’26 results presentation. Joining me today is Race Strauss, our Chief Financial Officer. We also have other members of the executive leadership team in the room to help answer your questions at the end of the presentation. I’d like to begin by acknowledging the traditional owners of the land on which we live, work, and fly, and pay my respects to elders, past and present. I also extend that acknowledgment and respect to any Aboriginal or Torres Strait Islanders peoples joining today’s call. Turning to Slide 2 and an overview of today’s results. FY ’26 was another year of significant progress for Virgin Australia. We delivered earnings growth and margin expansion despite a challenging cost environment, while continuing to strengthen the operational and commercial foundations of the business.
The result reflects resilient customer demand, disciplined capacity management, the continued delivery of our transformation program, and the benefits of decisions we have made over several years to simplify and strengthen the company. It also reflects the commitment of more than 8,500 people. Their