Virgin Australia Holdings Limited
Virgin Australia Holdings Limited is an Australian airline holding company based in Brisbane. Originally founded in 2000 as Virgin Blue, Virgin Australia now operates an extensive network of domestic services and international services from its main hub at Brisbane Airport.
Virgin Australia has progressively evolved from its beginnings as a low-cost carrier, through a phase as a hybrid airline to where it stands today as a full-service carrier. It is listed on the Australian Securities Exchange (ASX: VAH).
The Virgin Australia Group encompasses:
- Virgin Australia (since 2000)
- Virgin Australia Regional Airlines (100%, since 2013)
- Tigerair Australia (ceased Aug-2020)
On 21-Apr-2020, Virgin Australia Holdings entered voluntary administration and appointed Deloitte as administrators. The group stated it is seeking to emerge "in a stronger financial position on the other side of the COVID-19 crisis".
On 17-Nov-2020, Virgin Australia stated Deloitte Restructuring Services partners, and joint Virgin Australia voluntary administrators Vaughan Strawbridge, John Greig, Richard Hughes and Sal Algeri announced the completion of the sale of the Virgin Australia Group, with the shares and the entire business of the airline being transferred to Bain Capital.
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