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FEBRUARY 2024

Week 8

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February 21st 2024

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Virgin Australia (VA) CEO, Jayne Hrdlicka, is stepping down after almost four years at the helm of Australia's second largest airline group. Read More » “I have decided the time is right for me to signal CEO transition for this great airline and ultimately to pass on the baton,” Hrdlicka said. “This is not a decision I have taken lightly, but the last four years have been heavy lifting across the organisation during the toughest of times. We are in the midst of the next phase of our transformation program. There is a lot to do and an IPO to deliver. The next phase of this journey is another three to five years, making now the perfect juncture to begin the process of leadership transition to deliver the next chapters of what I am sure will be a significant long-term success story.” VA said Hrdlicka is staying on through the transition to a new CEO, with the board’s global search for her successor to commence shortly. VA chair, Ryan Cotton, said Hrdlicka's leadership had “laid a strong foundation for continued growth and margin expansion that will underpin Virgin Australia’s competitive position in the Australian market”.

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