ResultsAustralia
Qantas and Virgin Loyalty Programs' Revenue and Profit Surge 2023
Qantas Loyalty, with 14 million members, brought in $1 billion in revenue in 2023 (double 2019's figure) and $220 million in operating profit. Virgin Australia's Velocity Frequent Flyer, with 11 million members, brought in $330 million in loyalty program revenue and $77 million in operating profit last financial year.
