Virgin chief executive Jayne Hrdlicka,who also chairs Tennis Australia,kept a close eye on matches at the Australian Open.Credit:AP
The appointments coincide with the company’s chief financial officer,David Marr,moving to a new role focussed on preparing the carrier for a sharemarket listing,according to the note seen by this masthead.
Race Strauss,a former chief financial officer of Jetstar and Qantas,will replace Marr in his former role.
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Hrdlicka said the airline had performed well over the summer.
“Whilst our financial results remain subject to normal half-year auditor review,we expect to deliver revenue of roughly $2.5 billion and a profit margin of roughly 5 per cent,” she wrote in the note to staff.
“Given this is the first time in many years that Virgin Australia has made a profit,it is certainly a milestone to quietly celebrate.”
American private equity firm Bain Capital,which bought Virgin out of administration,hassignalled its plans to list the company on the ASX once again as travel demand returns after the pandemic downturn.