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Virgin’s future is now in the hands of the markets gods

The problem with listing ceremonies is they’re backward-looking, while markets look forward. The airline did what it had to do to relist, but now it’s over to the market.

Everyone’s a winner at Virgin Australia – except the interest group that now matters most.

Private equity group Bain Capital, its financial adviser and three investment banks, its co-managers, lawyers, investigating accountant – a who’s who of Australian advisory work – they’ve all won.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/virgin-s-future-is-now-in-the-hands-of-the-markets-gods-20250623-p5m9gh