Company updates
Virgin has added a fifth major airline to its shareholder registry, providing greater access to the growing Chinese market
Company updates
Virgin has announced it is commencing a review of its capital structure. As part of its announcement, Virgin has secured AUD425m in additional funding from its four major shareholders in the form of a subordinated loan
Company factsheets
Suits investors with a high risk appetite. Virgin has a relatively weak credit rating, with the bonds rated B-/B3 reflecting the very high leverage of the business
Company updates
Virgin has delivered a much improved performance in 1H16, driven by improved operating performance and lower fuel costs. The company is targeting a significant improvement in credit metrics by FY17
Company research
Virgin Australia Holdings Limited (‘Virgin’) is Australia’s second largest airline group providing access to over 450 destinations worldwide. Virgin carried 20 million passengers in FY14 and currently operates 3,400 average weekly scheduled flights to 46 destinations in Australia and 16 international destinations