The ruling could have significant implications for future cases between aircraft lessors and airline insolvency matters worldwide, according to the law firm that represented Virgin.
The airline will also soon increase its Sydney service to become daily in light of reduced COVID restrictions across all three countries.
Australian Aviation summarises the key points from a four-year ATSB investigation into what could have become a serious situation onboard a packed A330.
The ATSB's investigation came after two similar incidents in 1996 involving 757s led to fatal crashes that killed more than 200 people.
The flag carrier and its subsidiary will operate 30 return flights per week across the Tasman on five routes, a major boost from the two previously running, according to the companies.
The airline said there were “more opportunities on the horizon” as international flying starts to increase with the relaxing of COVID border restrictions.