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virgin austrailia ho-uns adr (VBHLY) Details

Virgin Australia Holdings Limited operates airlines in Australia. It operates through Domestic Operations and International Operations segments. The company’s aircraft flies to a range of Australian domestic ports, including regional network operations, as well as international destinations comprising of Trans-Pacific, Abu Dhabi, Trans-Tasman, Pacific Island, and South East Asian routes. Its fleet includes Boeing 777-300ER, Airbus A3 30-200, Boeing 737-800, Airbus A320, Boeing 737-700, Embraer E170 and E190, ATR 72-500/600, and Fokker F50 and F100. The company serves leisure, corporate, government, and regional markets. It has strategic alliances with Air New Zealand Limited, Etihad Airways P.J.S.C, Singapore Airlines Limited, and Delta Air Lines Inc. The company was formerly known as Virgin Blue Holdings Limited and changed its name to Virgin Australia Holdings Limited in 2011. Virgin Australia Holdings Limited was founded in 2000 and is based in Bowen Hills, Australia.

7,815 Employees
Last Reported Date: 09/30/14
Founded in 2000

virgin austrailia ho-uns adr (VBHLY) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: A$2.7M
Chief Financial Officer
Total Annual Compensation: A$1.3M
Chief Operating Officer
Total Annual Compensation: A$385.0K
Chief Executive Officer of Velocity Frequent ...
Total Annual Compensation: A$902.0K
Chief Commercial Officer
Total Annual Compensation: A$924.0K
Compensation as of Fiscal Year 2014.

virgin austrailia ho-uns adr (VBHLY) Key Developments

Etihad Reportedly Raises Stake In Virgin Australia

Etihad Airways plans to raise its stake in Virgin Australia Holdings Limited (ASX:VAH). Etihad Airways has increased its stake to 22.9%, a limit approved by Australia's Foreign Investment Review Board. Etihad purchased 1.7%, reported newspapers the Australian Financial Review and The Australian on November 22, 2014. Eturbo News added that Etihad declined to comment on the stake increase.

Virgin Australia Holdings Limited Completes USD 300 Million Issue of Unsecured Notes

Virgin Australia Holdings Limited announced that it had completed its previously announced issue of USD 300 million in aggregate principal amount of Senior Notes due 2019. The notes were offered and sold in the United States only to qualified institutional buyers in reliance on Rule 144A under the US Securities Act of 1933. Net proceeds from the sale of the Notes will provide the company with additional US dollar liquidity coverage and will be used to meet future US dollar financing obligations.

Virgin Australia Holdings Limited - Shareholder/Analyst Call

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