ReutersJulie Zhu, Sneha Kumar

Virgin Australia lifts underlying EBIT 11.7% to A$490m as statutory profit falls after tax-credit exhaustion

Virgin Australia reported underlying EBIT of A$490 million, up 11.7% year‑on‑year, as the carrier kept a disciplined approach to capacity growth. Statutory net profit after tax fell about 27.9% to A$341 million after deferred tax credits from its post‑administration losses were exhausted following its ASX relisting.

2026-02-26T21:12:56.710145-08:00
Reuters

FAA closes Fort Hancock, Texas airspace after military laser anti-drone system reportedly downs U.S. government drone

By Reuters: The U.S. military shot down a government drone with a laser-based anti-drone system, an accident that prompted the Federal Aviation Administration to bar flights on Thursday in an area around Fort Hancock, Texas, congressional aides told Reuters.

2026-02-26T17:31:18.147727-08:00
Australian AviationJake Nelson

Qantas to Launch Seasonal Sydney–Las Vegas Nonstop Service on 787‑9 from December

By Australian Aviation: The national carrier will launch a new seasonal non-stop service between Sydney and Las Vegas in December, operating three times per week on 787-9 Dreamliners until March 2027.

2026-02-25T15:22:20.324192-08:00