Virgin Australia chief executive Jayne Hrdlicka says the airline is ready for the ASX after Treasurer Jim Chalmers approved the sale of a 25 per cent stake in the company to Qatar Airways, allowing it to return to long-haul international flights for the first time since the pandemic.

But Hrdlicka declined to provide a timeline for her departure, more than a year after she announced her exit from the Bain Capital-owned airline. Instead, she said it was “business as usual” until the private equity giant secured a replacement, having ditched the longtime frontrunner.