Virgin Australia increased underlying EBIT by 13.4% to A$753 million for the year ended June 2026, supported by stronger passenger yields, effective fuel hedging and improved fuel efficiency. Revenue rose 8.1% to A$6.28 billion, while underlying net profit increased 22% to A$404 million. Demand and forward bookings remain strong, although the airline plans to reduce domestic capacity by 3% during the first half of FY2027 amid rising labour, airport and depreciation costs.

Kenya Airways’ operating loss increased 71% to KSh10.6 billion in the first half of 2026 as fuel costs rose by a third and seat capacity declined 9%. Revenue nevertheless grew 9% and load factor improved by four percentage points, reflecting resilient demand and stronger aircraft utilisation. The airline continues implementing its Project Kifaru recovery plan, focusing on cost control, fleet restoration, cash preservation and securing new capital and a strategic investor.

Qantas reported a 19% decline in pre-tax profit to A$1.83 billion for FY2026, with the Middle East conflict imposing an estimated net impact of A$420 million through higher fuel costs and network disruption. Revenue nevertheless rose 7% to A$25.5 billion amid resilient passenger demand. The airline is considering approximately 20 additional A350-1000 and Boeing 787 options as it prepares to progressively retire its A380 fleet from mid-2028 and replace ageing A330s.