Virgin Australia CEO Jayne Hrdlicka to step down amid IPO preparations

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Hrdlicka’s resignation comes after the airline returned to profitability in fiscal 2023 alongside a strong first half into 2024.

In her four-year tenure, Hrdlicka was in charge of Virgin’s operations during challenges linked to the COVID-19 pandemic.

“Her leadership was fundamental to repositioning the airline back to its roots as a value carrier, returning Virgin Australia to profitability for the first time in 11 years,” Virgin Australia Chairman Ryan Cotton said.

The airline said it intends to commence a global search process for a new CEO.