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Virgin Australia Holdings Ltd

VAH.AX

Latest Trade

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Today's Range

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52 Week Range

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As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
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Open
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Volume
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3M AVG Volume
9.71
Today's High
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Today's Low
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52 Week High
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52 Week Low
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Shares Out (MIL)
8,441.80
Market Cap (MIL)
1,266.78
Forward P/E
-18.01
Dividend (Yield %)
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Next Event

Half Year 2020 Virgin Australia Holdings Ltd Earnings Release

Latest Developments

More

Virgin Australia Says Velocity Frequent Flyer Acquisition Now Unconditional

Virgin Australia Welcomes ACCC Approving Co To Cooperate Closely With Virgin Atlantic

Australia's ACCC Says Virgin Australia Authorised To Cooperate With Virgin Atlantic

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About Virgin Australia Holdings Ltd

Virgin Australia Holdings Limited is engaged in the operation of a domestic and international airline business, and the operation of a frequent flyer program. The Company's segments include Virgin Australia Domestic, which includes operations using the fleet of Boeing B737 aircraft, Airbus A320 and A330 aircraft, and Fokker F50 and F100 aircraft, and comprises Australian domestic flying, including regional network and cargo operations; Virgin Australia International, which includes operations using a mix of Airbus A330, Boeing B777 and B737 aircraft, and comprises Trans-Pacific, Abu Dhabi, Trans-Tasman, Pacific Island and South East Asia flying, including international cargo operations; Velocity, which includes operations of its loyalty program, and Tigerair Australia, which includes operations using a narrow body fleet of Airbus A320 and Boeing B737 aircraft, and comprises Australian domestic flying targeting the budget leisure market and international flying to Denpasar.

Industry

Airline

Contact Info

56 Edmondstone Rd

+61.7.32953000

http://www.virginaustralia.com

Executive Leadership

Elizabeth Blomfield Bryan

Non-Executive Independent Chairman of the Board

Paul Darren Scurrah

Chief Executive Officer, Managing Director

Keith Neate

Chief Financial Officer

Merren McArthur

Chief Executive Officer, Tigerair Australia and Acting Chief Commercial Officer, Virgin Australia Airlines

Karl Schuster

Chief Executive Officer, Velocity Frequent Flyer

Key Stats

3.50 mean rating - 4 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2017

5.0K

2018

5.4K

2019

5.8K

2020(E)

5.9K
EPS (AUD)

2017

-0.003

2018

-0.044

2019

-0.015

2020(E)

-0.008
Price To Earnings (TTM)
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Price To Sales (TTM)
0.22
Price To Book (MRQ)
2.15
Price To Cash Flow (TTM)
21.84
Total Debt To Equity (MRQ)
513.62
LT Debt To Equity (MRQ)
382.72
Return on Investment (TTM)
-9.19
Return on Equity (TTM)
-4.98

Latest News

Latest News

Virgin Australia to trim domestic capacity, axe a Hong Kong route

Virgin Australia Holdings Ltd <VAH.AX> said on Wednesday it plans to cut domestic capacity by at least 2% and remove five aircraft from its fleet as it grapples with stagnant demand.

Virgin Australia to cut domestic capacity by 2%, axe Melbourne-Hong Kong

Virgin Australia Holdings Ltd plans to cut domestic capacity by at least 2% in the second half of the 2020 financial year, axe its Melbourne-Hong Kong route and remove five aircraft from its fleet, its chief executive said on Wednesday.

Virgin Australia increases issue size of domestic notes offering

Virgin Australia Holdings Ltd said on Friday it had completed the bookbuild for its domestic notes offer, and had raised the issue size to A$325 million ($223.99 million) from A$150 million, citing strong support from investors.

Virgin Australia issues $425 million notes to fund Velocity acquisition

Virgin Australia Holdings Ltd <VAH.AX> said on Friday it had priced $425 million of unsecured notes and planned to offer Australian dollar denominated notes in "the near term", both to fund the buyback of its Velocity frequent flyer programme.

Virgin Australia to issue $425 mln unsecured notes to fund Velocity acquisition

Virgin Australia Holdings Ltd on Friday priced a $425 million issue of unsecured notes, the proceeds of which will partly fund the proposed acquisition of 35% of its Velocity frequent flyer programme that it does not already own.

Qantas, Virgin Australia get slots at Tokyo's Haneda airport

Qantas Airways <QAN.AX> and Virgin Australia Holdings Ltd <VAH.AX> were awarded one slot each to operate flights at Tokyo's Haneda Airport, according to a draft decision by Australia's International Air Services Commission (IASC).

Virgin Australia to buy rest of frequent flyer program for $480 million

Virgin Australia Holdings Ltd <VAH.AX> on Monday said it entered an agreement to buy back the 35% of its Velocity frequent flyer program that it does not already own for A$700 million ($481 million) from private-equity group Affinity Equity Partners.

Virgin Australia to buy rest of frequent flyer programme for $481 mln

Virgin Australia Holdings Ltd on Monday said it entered into a term sheet to buy back the 35% of its Velocity frequent flyer programme that it does not already own for A$700 million ($480.83 million) from private-equity group Affinity Equity Partners.

Virgin Australia in talks to buy back rest of frequent flyer programme - source

* No details of how loss-making airline would finance purchase

Virgin Australia's frequent-flyer partner seeks to exit stake

Virgin Australia Holdings Ltd <VAH.AX> said on Thursday that Affinity Equity Partners is seeking to exit its 35% minority stake in the carrier's Velocity frequent flyer program, five years after its A$335 million ($233 million) purchase.

Virgin Australia says frequent flyer partner seeks to sell stake

Virgin Australia Holdings Ltd said on Thursday that Connectivity Pte Ltd is seeking to exit its 35% minority stake in the carrier's Velocity frequent flyer programme.

UPDATE 2-Virgin Australia forecasts annual loss on softening demand; shares drop

* Virgin forecasts FY19 underlying loss of at least A$35.6 mln

Virgin Australia sees underlying loss in 2019 on tougher domestic market

Airline operator Virgin Australia Holdings Ltd on Friday said it expected to record a loss in fiscal 2019 due to tougher domestic conditions, sporadic fuel prices and foreign exchange fluctuations.

UPDATE 2-Virgin Australia posts highest HY profit in decade on strong domestic market

* Virgin, Qantas shares rise on result (Recasts with milestone, adds quotes, share price rise, details on outlook)

Virgin Australia posts 37 pct rise in H1 underlying profit

Virgin Australia Holdings Ltd posted a 37.1 percent rise in first-half underlying pre-tax profit on Wednesday, more than was forecast, as the strength of its domestic business and forward bookings helped to overcome higher fuel costs.

UPDATE 1-Virgin Australia hires Paul Scurrah as CEO

* Scurrah has 20-yr background in transport, logistics, travel

Virgin Australia appoints Paul Scurrah as CEO

Australia's No. 2 airline Virgin Australia Holdings Ltd on Wednesday said it had appointed Paul Scurrah as its chief executive officer and managing director.

Singapore Airlines profit sinks on fuel costs, Virgin Australia losses

Singapore Airlines Ltd <SIAL.SI> on Tuesday reported an 81 percent plunge in second-quarter earnings, hurt by higher fuel prices, lower airfares and non-cash losses at its part-owned Virgin Australia Holdings Ltd <VAH.AX>.

Singapore Airlines profit sinks on fuel costs, Virgin Australia losses

Singapore Airlines Ltd on Tuesday reported an 81 percent fall in second-quarter earnings, driven by higher fuel prices and non-cash losses at its part-owned Virgin Australia Holdings Ltd .

Virgin Australia strategy, CEO search complicated by airline investors

Under CEO John Borghetti, Virgin Australia Holdings Ltd <VAH.AX> transformed from a budget airline into a serious rival to Qantas Airways Ltd <QAN.AX> with the backing of strategic investors including Singapore Airlines Ltd and China's HNA Group.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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