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Virgin Australia Raises $439M In ASX Return

Virgin Australia has officially marked its return to the Australian Securities Exchange (ASX) following a successful initial public offering (IPO) that raised $439 million, signaling a major step in the airline’s post-restructuring comeback. This IPO marks the airline’s second listing after its 2020 voluntary administration and subsequent ownership change under Bain Capital.

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Virgin Australia Plans IPO to Reduce Bain Stake

Virgin Australia is set to launch an initial public offering (IPO) as part of its strategic plan to diversify its shareholder base. According to reports, the carrier will offer a significant portion of its shares to new investors, a move designed to reduce the controlling stake of Bain Capital while maintaining the position of Qatar Airways as a key shareholder.

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Virgin Australia and Qatar Airways Join SAF Project in Australia

Virgin Australia and Qatar Airways have announced a partnership with Renewable Developments Australia to support a Sustainable Aviation Fuel (SAF) project set to begin production in 2029. The initiative targets an annual output of up to 96 million liters of SAF, positioning it as one of the most significant clean fuel developments in the region.

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Virgin Australia Preps for ASX Return with Upcoming IPO

Virgin Australia, currently majority-owned by Bain Capital (US), is actively preparing for a significant transition back to public trading through an Initial Public Offering (IPO) on the Australian Securities Exchange (ASX). This week, Virgin Australia executives are scheduled to meet with potential investors to discuss the upcoming IPO and outline the airline’s strategic direction and financial…

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Virgin Australia Appoints Paul Jones as Chief Commercial Officer

Virgin Australia has announced the appointment of Paul Jones as its new Chief Commercial Officer (CCO), following the promotion of Dave Emerson to Chief Executive Officer (CEO). The leadership transition marks a strategic movefor the airline as it continues its growth and commercial development.

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Hawaiian Airlines and Virgin Australia to End Frequent Flyer Partnership

Hawaiian Airlines (US) and Virgin Australia have announced that they will terminate their reciprocal frequent flyer cooperation on July 1, 2025. This change means that members of HawaiianMiles and Velocity Frequent Flyer will no longer be able to earn or redeem miles across both airline networks after this date.

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Virgin Australia Appoints Dave Emerson as CEO Amid Stock Exchange Relisting Plans

Virgin Australia has announced that Dave Emerson, currently serving as Chief Commercial Officer (CCO), will step into the role of Chief Executive Officer (CEO). He will succeed Jayne Hrdlicka, who has led the airline since its 2020 restructuring under new ownership. The leadership transition comes as Virgin Australia moves closer to relisting on the Australian Stock Exchange (ASX).

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Air India and Virgin Australia Announce New Codeshare Partnership

Air India and Virgin Australia have entered into a new codeshare partnership, enhancing connectivity between India and Australia. This agreement enables Air India to place its ‘AI’ flight code on select Virgin Australia domestic and regional flights, offering seamless travel options for passengers.