Virgin Australia expands capacity on NZ routes

Virgin Australia CEO John Borghetti (centre), poses for a photograph with cabin staff Kathy Massoud (left) and Isabel Pilbeam, after unveiling the airlines new Airbus A330 business class suite in Sydney on Monday, Aug. 17, 2015. (AAP Image/Paul Miller) NO ARCHIVING

Virgin Australia is on track to return to profit and has unveiled plans to increase capacity on its trans-Tasman routes.

Chief executive John Borghetti says the airline will add 75,000 seats on its trans-Tasman routes from late March 2016 in conjunction with its alliance partner Air New Zealand.

He also told shareholders at Virgin’s annual general meeting that the airline was on track to be profitable in 2016.

In August, Virgin reported a full year loss of $93.8 million, an improvement on the $353.8 million loss suffered in 2013/14. It made a $1.7 million profit in the first quarter of 2015/16.

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    Latest comments
    1. 75k seats ? Presume that for a 365 day period-did say above ? So that’s an average of 205 seats a day or probably 102 each way or based on 168 seats, 8.5 extra aircraft per week.
      Presume mostly to Queenstown, maybe some increase to Christchurch & maybe Auckland ?

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