Virgin Raises Over A$1 Billion Through Share Offers

Credit: Virgin Australia
AUCKLAND—Virgin Australia has succeeded in significantly boosting its balance sheet through a series of share issues to airline groups and other owners. The carrier announced that it has raised 1.1 billion Australian dollars ($839.4 million) through the share issues. The majority of this amount—A...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.