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Virgin Australia shares take off, rallying 11 per cent

Reuters on MSN · 17h

Virgin Australia shares soar 11.4% in debut, boost market value

Virgin Australia shares surged 11.4% in its trading debut on Tuesday, lifting its market capitalisation to A$2.58 billion ($1.7 billion), with dealmakers hopeful it will revive Australia's subdued listings market.

The Wall Street Journal on MSN · 21h

Qantas Rival Virgin Australia Soars on Stock-Market Return

The airline’s relisting comes against the backdrop of an Australian aviation industry reshaped by the hit of the pandemic and the large swings in demand that followed the reopening of international borders.

ABC Business on MSN · 23h

Virgin Australia shares take off, rallying 11 per cent as airline returns to trade on ASX

Virgin Australia's shares have rallied by about 8 per cent as it has listed on the stock exchange five years after its collapse. The airline's initial public offering was priced at $2.90 per share, raising $439 million for the company.

Switzer Daily2h

How did Virgin Australia perform in its first day back on the ASX?

Virgin Australia re-debuted on the market, being IPO'd all over again. So, how'd they do on the first day of school?

19hon MSN

Bain’s Virgin Australia Rises 11% in Sydney After Relisting

Bain Capital’s Virgin Australia rose in Sydney trading after raising A$685 million ($444 million) in one of the country’s ...

37m

Virgin’s comeback is a lesson on managing executive energy

Strategy alone doesn’t supercharge a corporate transformation, it takes a leader who drives change while quietly building ...

6h

Virgin Australia says it is new and improved but the risks of investing in airlines remain

Virgin has undergone some radical surgery in the five years since it collapsed, and soared on its ASX re-entry, but the risks ...

Airline Ratings14h

Virgin Australia begins trading on the ASX

Virgin Australia lists on the ASX (VGN) after a successful $685m IPO, marking a new chapter in its growth and ambitions to be ...

Virgin Australia Surges 8.3% After $439M IPO Amid Strong Investor Demand

Virgin Australia shares jumped 8.3% on Tuesday following its A$685 million ($439 million) initial public offering, signaling ...

15h

Inside Virgin’s big day, in the shadow of war and trepidatious markets

Would the long-awaited listing take off? Without a hitch, it seems. And there were plenty there to see it, with more bells ...

Executive Traveller19h

Virgin to allow dogs in the cabin on pet-friendly flights

Virgin Australia says it will soon allow dogs and cats to sit with their owners in the cabin of domestic flights, rather than ...

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