Virgin IPO delivers $14m payday for CEO
The three Virgin Australia executives who guided the airline’s IPO stand to be richly rewarded for their work, the prospectus has revealed.
Virgin Australia
The pros and cons of the Virgin Australia float
Will Virgin Australia shares soar this time around? Investors appear divided on the prospects of the airline’s much anticipated IPO.
Why you should care about Virgin IPO
One of Australia’s most popular airlines is returning to the sharemarket, and how it performs could impact you.
Virgin Australia’s $685m IPO timed to perfection
Private equity group Bain Capital’s domestic carrier will be priced at a 30 per cent discount to Qantas, with its return to the ASX on June 24.
Makeover complete: Virgin to storm back onto ASX with $2.3bn IPO
Five years after its destructive collapse, Virgin Australia will make its long-awaited return to the ASX by the end of the month, hoping to slide into Qantas’ share price slipstream.
Born again Virgin wants to be a real Qantas rival
The airline’s private equity backers have been smart enough to structure Virgin’s blockbuster float in a way to give it the best chance to battle its bigger rival.
‘Nothing to be happy about’ after weak GDP data; CBA hits record
CBA hits high of $181.39. Slow economic growth undershoots forecasts. Mixi lifts PointsBet bid amid due diligence by rival suitor Betr. Star accused of breach of money laundering laws.
Welcoming retail investors on board key in Virgin IPO
Virgin Australia’s deal team may see institutional investors as critical to its initial public offering, but retail investors are important too.
Qantas and Virgin duopoly safe as aircraft shortages ground competition
Rising costs, aircraft shortages and industry consolidation are making it virtually impossible for new airlines to challenge Qantas and Virgin’s dominance of the domestic market.
Bain’s sales pitch for Virgin IPO is its discount to Qantas
Speculation is mounting that private equity company Bain is set to lock in a price for the float of Virgin Australia early this week.
Virgin offers staff a slice of IPO pie
The private equity-owned airline’s preparations for a return to the ASX have stepped up a gear with each employee to be offered $3000 worth of share rights.
Virgin Australia looks to Guzman y Gomez for IPO inspiration
Bain Capital’s float is on the runway, but the private equity firm is expected to take the cautious route to get the airline deal away.
Australian float beckons for Greatland Gold
Virgin Australia and GemLife are not the only companies hitting the IPO runway, with Greatland Gold also preparing investors for its ASX listing next month.
Retail brokers lobby for role on Bain’s $3bn Virgin float
The domestic airline is positioned for a listing by June to capitalise on the strong performance of rival Qantas.
Bain Capital tests cornerstone interest for Virgin Australia IPO
The country’s second largest domestic carrier could see its float launch off the runway within a fortnight.
Reason for Aussie airline’s mega profits
Two of Australia’s biggest airlines are paving the way for a duopoly of the skies, with the consumer watchdog explaining how they reaped mega profits in the first half of the financial year.
Lack of domestic competition making Qantas and Virgin rich
The absence of serious domestic competition has Qantas and Virgin Australia raking in the cash, the ACCC reports.
Is Dan Murphy’s ready for the Jayne Hrdlicka experience?
The former Virgin Australia boss is known for her take-no-prisoners management style, but will this celebrity CEO have the freedom she needs to revive the liquor retailer?
Former Virgin boss’ surprise new gig
Jayne Hrdlicka has confirmed her next move after stepping down as Virgin Australia chief executive.
Hrdlicka lands big new gig a month after Virgin exit
Former Virgin Australia boss Jayne Hrdlicka is not about to disappear from the public eye, with a new role at liquor and hotels giant Endeavour Group.
Airfares no barrier for Europe-bound Aussie sun-chasers
Extra airline capacity to Europe over the northern summer — courtesy of the Virgin-Qatar partnership — has done little to reduce airfares for Australian travellers.
Virgin and Qantas’ neck-and-neck battle for on-time crown
Virgin Australia’s plans for a June IPO have received a boost with new on-time performance data crowning the airline the country’s most punctual once again.
How to build a mega frequent flyer points war chest – without flying
Qantas and Virgin Australia’s reward programs aren’t just for frequent flyers — Aussies are using everyday spending and these savvy hacks to earn big travel perks. Here’s how to join them.
61,000 Virgin customers could get refunds
Virgin Australia will refund 61,000 customers who were overcharged for itinerary changes over a five-year period.
‘Sincerely sorry’: Virgin to refund 61,000 customers
The airline has admitted to overcharging more than 60,000 customers who made itinerary changes in the last five years.
Major airline to launch delicious new perk
Fancy pizza at a Gordon Ramsay restaurant or a bucket of KFC? This juicy new perk from a major Aussie airline has you covered.
Bain Capital refuses to give up on Virgin Australia float
Virgin Australia’s owner is pushing ahead with its plan to relist the airline on the ASX, even as the sharemarket endures a bloodbath.
China backs ‘handsome boy’
Recent activity by the PLA Navy has left no room for complacency.
Virgin Australia angling for IPO around $750m
The listing of the carrier could be one of the largest of the year, with a value likely around $3bn.
Virgin Australia IPO set for take off
Virgin Australia’s owners are pushing ahead with an IPO that could see the airline relisted on the ASX as early as June.
Original URL: https://www.theaustralian.com.au/topics/virgin-australia