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.
