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.
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.
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.
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.
The domestic airline is positioned for a listing by June to capitalise on the strong performance of rival Qantas.
The country’s second largest domestic carrier could see its float launch off the runway within a fortnight.
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.
The absence of serious domestic competition has Qantas and Virgin Australia raking in the cash, the ACCC reports.
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?
Jayne Hrdlicka has confirmed her next move after stepping down as Virgin Australia chief executive.
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.
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 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.
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.
Virgin Australia will refund 61,000 customers who were overcharged for itinerary changes over a five-year period.
The airline has admitted to overcharging more than 60,000 customers who made itinerary changes in the last five years.
Fancy pizza at a Gordon Ramsay restaurant or a bucket of KFC? This juicy new perk from a major Aussie airline has you covered.
Virgin Australia’s owner is pushing ahead with its plan to relist the airline on the ASX, even as the sharemarket endures a bloodbath.
Recent activity by the PLA Navy has left no room for complacency.
The listing of the carrier could be one of the largest of the year, with a value likely around $3bn.
Virgin Australia’s owners are pushing ahead with an IPO that could see the airline relisted on the ASX as early as June.
The competition regulator has given the green light for a partnership between Virgin Australia and Qatar Airways, set to double flights over five years.
A major change is on the horizon for Virgin Australia and Qatar Airways after a new partnership was green-lit by the consumer watchdog.
The first meetings with potential investors for an initial public offering of Virgin Australia begin early next week.
More than a dozen flights have been cancelled by Australian airlines after another volcanic event in Indonesia.
The Australian carrier could be returning to the boards as a public company.
The man the unions stopped from running Virgin has received a promotion under its new chief, with Paul Jones to step into the role of chief commercial officer.
Dave Emerson’s promotion to Virgin Australia CEO is the realisation of a childhood dream born from long haul bus trips across the US.
The timing couldn’t be more inopportune. Brisbane-based Virgin Australia has named former consultant Dave Emerson as its chief executive just as Cyclone Alfred moves in to cause chaos.
Conditions are booming in aviation, but Virgin Australia is gambling it can still land its multi-billion dollar IPO later this year.
Aussie airline’s new chief executive has emerged after a frontrunner was knocked out after union and government pressures.
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