0100 GMT - Virgin Australia's bulls at UBS reckon that the domestic carrier's revenue per seat kilometer is still growing faster than its capacity. Maintaining a buy rating on the stock, the investment bank's analysts tell clients in a note that they expect the airline's June-half revenue per average seat kilometer to grow by 5%. This compares with their prior forecast of 3%-4%. At the same time, they pare their capacity growth forecast for the same period to 1%, from 2% previously. They say that Virgin Australia's response to uncertainty over fuel costs and supply hasn't changed their positive investment view. They see valuation as attractive relative to larger rival Qantas. Target price rises 1.2% to A$4.15. Shares are up 1.0% at A$2.545. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 15, 2026 21:00 ET (01:00 GMT)

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