Virgin overtakes Qantas as largest domestic airline

ACCC said Virgin picked up passengers after the collapse of regional carrier Rex in mid-2024. — AFP

SYDNEY: Virgin Australia has overtaken Qantas Airways Ltd to become Australia’s largest and most reliable airline as at the end of last year.

This sends a warning to the marquee carrier and supports a potential return to the stock market. Bain Capital-owned Virgin Australia garnered a domestic market share of 35% as of December.