VA to relist by ‘23?

VIRGIN Australia is considering a public listing on the ASX as early as 2023, just three years after the carrier was placed into Administration and subsequently taken over by private equity firm Bain Capital.

CEO Jayne Hrdlicka cited record leisure demand as well as a strong recovery in corporate flying, telling The Australian the recovery was “a lot faster than we thought it would be”.

“We are flattered that this soon after becoming a new company and starting from scratch we’re in a position where we’re having these conversations” she said.

Hrdlicka confirmed that VA had returned to profitability, with domestic leisure now seeing demand at about 125% of prepandemic levels.