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Investors may be wondering whether the Qantas Airways Ltd (ASX: QAN) share price is a buy after its Australian competitor ...
Virgin Australia shares surged 11.4% in its trading debut on Tuesday, lifting its market capitalisation to A$2.58 billion ($1 ...
The airline’s relisting comes against the backdrop of an Australian aviation industry reshaped by the hit of the pandemic and ...
Australia’s second largest airline is heading back on the market for the first time since it fell into administration in 2020.
At $2.90 a share, Virgin’s will float at seven times underlying net profit for the 2025 financial year, which is a sharp discount to Qantas, which trades at 10 times.
Qantas, Air New Zealand and a rejuvenated Virgin Australia are putting the pieces into play for what is shaping up to be a torrid summer of competition, that could see travellers come out on top ...
Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685 million ($443 million) initial public offering on Wednesday amid ...
Now, Qantas and Virgin have new chief executives who understand both airlines can be very profitable if they show some (capacity) discipline in how many seats they create and sell.
This represents a very modest seven times Virgin’s pro forma financial year 2025 earnings and a hefty 30 per cent discount to the current year multiple carried by big rival Qantas.
Virgin Australia is back on the ASX after a five-year absence, marking the biggest IPO so far this year. Once grounded by the ...
SYDNEY (Reuters) -Bain Capital partner Mike Murphy is confident Virgin Australia's domestic business focus will help the ...