Flight Centre Travel Group Ltd (ASX: FLT), Air New Zealand Ltd (ASX: AIZ), and Virgin Australia Holdings Ltd (ASX: VGN) shares are turning heads on Friday.
In morning trade today, two of the well-known ASX shares are outpacing the 0.2% gains posted by the All Ordinaries Index (ASX: XAO), while one is trailing the benchmark.
Here's what's catching investor interest.
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Virgin Australia shares rise on renewed dividend
Virgin Australia shares are up 1.1% at the time of writing, swapping hands for $2.84 apiece.
This follows the release of the ASX 300 airline's full-year FY 2026 results.
Highlights included a 13.4% year-on-year increase in underlying earnings before interest and tax (EBIT) to $753 million.
And on the bottom line, Virgin Australia shares look to be getting support today from the airline's 21.9% increase in underlying net profit after tax (NPAT) to $404 million.
The company also issued its first dividend since relisting on the ASX in June 2025. Management declared a fully-franked dividend of 7.6 cents per share.
Air New Zealand shares sink on net loss
Air New Zealand also released its FY 2026 results today.
But unlike Virgin Australia shares, Air New Zealand shares are down 0.8% following the release, trading for 32.3 cents each.
On the positive side of the ledger, the Kiwi airline reported a 3.9% year-on-year increase in revenue to NZ$7.0 billion.
However, operating cash flow of NZ$819 million was down 12.8% from FY 2025.
And the company posted a net loss after tax of NZ$242 million.
Much of the pressure has come from surging jet fuel costs amid the ongoing Middle East conflict.
Air New Zealand management noted, "The Middle East conflict increased fuel cost by an estimated $328 million compared to what we expected going into the second half, and by $205 million after hedging."
Flight Centre shares lift amid board shakeup
Joining Air New Zealand and Virgin Australia shares in creating a buzz today, we find Flight Centre.
After reporting its FY 2026 results on Wednesday, today the ASX 200 travel stock announced some major leadership changes.
Flight Centre revealed that Gareth Turner will join the board as an independent non-executive director. Turner will succeed Rob Baker, a 13-year veteran of the company's board.
Commenting on Turner's appointment, Flight Centre chair Gary Smith said:
Gareth brings deep financial and commercial experience across the technology, telecommunications and travel and tourism sectors, along with a strong track record as a CFO.
The board looks forward to drawing on his expertise as our company continues to evolve and targets near-term and longer-term growth opportunities.
Flight Centre shares are up 0.6% at the time of writing, trading for $12.26 apiece.
