Plans for Virgin Australia to be re-listed on the ASX are being pushed back, with dealmakers expecting a float after the end of the financial year as Bain Capital waits for market turbulence to subside after the Trump administration finalises its tariff plans and puts investors at greater ease.
The private equity fund acquired the country’s second-largest airline out of administration during the COVID-19 pandemic, when it was an ASX-listed company largely held by major international carriers.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
