
Virgin Australia is getting ready to re-list on the sharemarket, launching an initial public offering, with a listing date of June 24, 2025.
Listing under the code VGN, this is Virgin's return to the Australian Stock Exchange, under new owners, after delisting a few years ago.
In its segment, 7NEWS featured aviation law expert Ron Bartsch, who described the upcoming listing as a "game changer".
Moomoo Australia and New Zealand market strategist Michael McCarthy said: "This is a business a lot of Australian investors know. They've all flown Virgin. For that reason I think Virgin shares will be widely sought by mum-and-dad investors."
From a domestic aviation perspective, current market conditions appear favourable. Fuel prices have declined, travel demand is recovering, and the competitive landscape is shifting, with Bonza collapsing and Rex entering voluntary administration.
Since Virgin was acquired by a private equity firm the airline rebuilt its network and now operates 76 domestic routes and 38 international. It may expand to the US west coast in the near future.
While sentiment around the IPO is generally optimistic, some investors remain cautious, noting that Virgin's future portfolio composition and strategic execution will be key factors to watch.
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