Virgin Australia Expands Codeshare with Delta Air Lines to Mexico
5th Feb 2016
Travelers from Australia can now book a passage to six different cities in Mexico as a part of the expanded codeshare partnership between the Australian carrier Virgin Australia and the US-based Delta Air Lines.
Customers of these two airlines will from now on be able to travel to the following cities: Mexico City, Guadalajara, Puerto Vallarta, San Jose Del Cabo, Cancun and Cozumel.
Judith Crompton, Chief Commercial Officer for Virgin Australia said the following about its codeshare partnership with Delta Air Lines:
"Our worldwide network continues to expand and we now offer Australians the ability to fly to more than 400 destinations around the world. Thanks to our alliance with Delta Air Lines we now have over 180 codeshare and interline destinations available."
Virgin Australia's Half-Year Profits Rise
Meanwhile, there is another reason for the management and executives at Virgin Australia to be happy. Namely, the Australian airline has yesterday posted an eight-fold surge in underlying, pre-tax profit for the first half of $81.5 million.
This is mostly thanks to ongoing increase in domestic fares, but also due to an improved outlook on the international market.
Virgin Australia reported a bottom-line basis profit in the first half of $62.5 million. This is a significant improvement from the same period of the year before when Virgin lost $47.8 million.
So far, the company has not revealed the full details of its financial figures, so it's not clear how much lower fuel prices have had to with it. The full financial figures should be revealed in about a week from now until 11th February.
Since one of its larger shareholders, Singapore Airlines, is obliged to reveal its share of Virgin Australia's earnings for each fiscal quarter, Virgin provided financial information on its quarter results for December last Thursday.
According to these results, the Australian airline reported an underlying pre-tax profit of $73 million in that period. This is 32.2 per cent higher than the results from the same period in 2014.
Projections say that Virgin Australia will report a full-year pre-tax underlying profit of $143.4 million this year. Last year, the company suffered an underlying loss before tax of $49 million.