Virgin Australia Is Coming Back to the Share Market. Here’s What This New Chapter Could Mean

Virgin Australia is coming back to the share market. Here’s what this new chapter could mean

The listing is a huge milestone for private equity firm Bain Capital, which acquired the airline in crisis five years ago.

Virgin chief Dave Emerson in line for $10m windfall after ASX float

The airline’s prospectus also outlines the big payments each of the other executives are expecting if the company’s share price remains above the IPO price.

Virgin Australia Set to Rejoin ASX with $685 Million IPO

Virgin Australia has formally declared its plans to relist on the Australian Securities Exchange (ASX), marking a major milestone in its post-pandemic recovery. The airline, which was delisted in 2020 following its voluntary administration during COVID-19, has submitted a prospectus to the Australian Securities and Investments Commission (ASIC), signalling the beginning of a public offering worth $685 million. The offering will comprise 236.2 mi…

Virgin Australia confirms long-awaited return to ASX

Virgin Australia has confirmed its intention to go ahead with its $685 million initial public offering and re-list on the Australian Securities Exchange, following days of market speculation.

Bain's sales pitch for Virgin IPO is its discount to Qantas

Virgin Australia's Long-Haul Boeing 777 Flights With Qatar Airways Aircraft - Data Intelligence

Currently, Emirates, Etihad Airways, and Qatar Airways operate between the Middle East and Australia. On June 12, Virgin Australia will join them, in partnership with Qatar Airways. It will utilize the Australian half of traffic rights to/from Qatar, all of which are presently unused. It will do so on Qatar Airways’ behalf, as a backdoor way of expanding into the valuable and competitive long-haul market. IATA/ICAO Code …