Privatisation on the cards for Virgin Australia
The airline has swung to profitability and forecasts continued improvement
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
VIRGIN Australia Holdings Ltd said on Wednesday it was considering going private as it swung to profitability in the first quarter from a loss a year ago and forecast a continued improvement in the second and third quarter.
Australia's second-biggest airline is about 90 per cent-owned by Singapore Airlines Ltd, Etihad Airways, Virgin Group, HNA Aviation and China's Nanshan Group, all of which have representatives on the board.
Share with us your feedback on BT's products and services
TRENDING NOW
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Aiming at China, Malaysia puts new restrictions on electric cars
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Temasek CEO Dilhan Pillay to chair Vertex as FY2025 profit tops US$100 million
