Virgin Australia Holdings Limited
AASX:VGN2.38
AUD
-0.03
(-1.24%)
ISIN
AU0000400616
Return %
Stock
S&P 500
1Y
-31.61
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Dave Emerson
- Full Time Employees
- 8,000
- Sector
- Transportation
- Industry
- Airlines
- Address
- Level 11 South Brisbane QLD Australia 4101
- IPO Date
- Jun 23, 2025
- Website
- virginaustralia.com
- Similar Companies
- Business
- Virgin Australia Holdings Limited (ASX: VGN), headquartered in South Brisbane, Queensland, operates as the holding company for Australia's second-largest airline group, providing domestic and short-haul international passenger transport services, charter flights, cargo operations, and loyalty programs to leisure, corporate, government, regional, and air freight customers primarily in Australia and select Pacific destinations; founded in 2000, the company maintains strategic alliances with international carriers including Qatar Airways, Singapore Airlines, United Airlines, Air New Zealand, Air Canada, and All Nippon Airways (ANA), while its Velocity Frequent Flyer program serves over 13 million members with rewards redeemable across more than 600 global destinations through its network and partner airlines. The group employs over 8,000 team members and flies an extensive domestic route network supplemented by short-haul international services to New Zealand and Pacific islands. Subsidiaries include Virgin Australia Airlines and Virgin Australia Regional Airlines. In recent developments, Qatar Airways Group announced in October 2024 its intention to acquire a 25% minority equity stake from Bain Capital, subject to regulatory approvals including from Australia's Foreign Investment Review Board and Australian Competition and Consumer Commission, to deepen their codeshare partnership, enable Virgin Australia wet-lease long-haul flights from Brisbane, Melbourne, Perth, and Sydney to Doha by mid-2025, and expand loyalty program integration, sustainability initiatives such as sustainable aviation fuel, and opportunities around Western Sydney Airport. Bain Capital, which acquired the airline out of administration in 2020 and led its restructuring into profitability, facilitated its relisting on the ASX in June 2025 via a A$685 million IPO after tripling its investment value. In September 2024, Virgin Australia partnered with Sabre Corporation as the launch customer for the SabreMosaic AI-driven retailing platform, implementing over 40 products across offer management, order processing, settlement, and delivery to modernize personalized offers, ancillaries, and distribution via NDC and EDIFACT channels. The Velocity program expanded with over 80 commercial partners, 12% growth in active members to support higher revenue from corporate and SME customers, and new product launches including American Express co-branded offerings; the company also rebooked over 135,000 disrupted Regional Express customers free of charge amid competitive domestic shifts.