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Virgin Australia Holdings Limited

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VAH

AU000000VAH4

Virgin Australia Holdings Limited Provides Group Earnings Guidance for the Second Half of 2020 and Fiscal Year 2020

February 25, 2020 at 04:28 pm EST

Virgin Australia Holdings Limited provided group earnings guidance for the second half of 2020 and fiscal year 2020. The corona virus situation is currently expected to negatively impact Group earnings by $50-75 million in second half of 2020. For the year, the company expected revenue to remain flat for fiscal year of 2020 on the prior corresponding period.

Latest news about Virgin Australia Holdings Limited

Virgin Eyes an Initial Public Offering in May	Nov. 10	CI
Virgin Australia Flies Out of the Red But Reportedly Delays IPO Date	23-10-11	CI
Virgin Australia Expands Long-Term Partnership with Sabre by Deploying Intelligent Retailing Solutions Powered by Sabre Travel AI?	23-09-19	CI
Bain Capital Explores Virgin Australia IPO	23-01-15	CI
Air New Zealand Denies Talk of Virgin Australia Merger	22-09-16	CI
Virgin on Path to Relisting	22-06-09	CI
Virgin Australia Reportedly Targets 2023 for Flight Back to ASX Boards	22-01-27	CI
Virgin Australia : to position itself as mid-market airline, new CEO says	20-11-17	RE
Virgin Australia : to position itself as a mid-market airline, new CEO says	20-11-17	RE
Bain Capital, LP completed the acquisition of Virgin Australia Holdings Limited.	20-11-16	CI
Kingland Technology Co.,Ltd. cancelled the acquisition of 2.92% stake in Baotou Rural Commercial Bank Co., Ltd. from Virgin Australia Holdings Limited.	20-11-03	CI
Virgin Australia : And Alliance Airlines Have Applied For Authorisation To Cooperate On 40 Regional Routes, 2 Short-Haul International Routes - Australian Competition Regulator	20-10-27	RE
Virgin Australia Holdings Limited Announces Board Changes	20-10-22	CI
Qantas Airways : CEO Says Expect To Be Net Free Cashflow Positive In H2 If Domestic Borders Reopen	20-10-22	RE
Qantas Airways : New Virgin Australia strategy spells end of business travel arms race	20-10-19	RE
Qantas Airways : Virgin Australia picks new CEO with budget ties as Bain pushes 'hybrid' strategy	20-10-14	RE
Virgin Australia : CEO Paul Scurrah to step down when Bain deal completed	20-10-14	RE
Virgin Australia Group Announces Resignation of Paul Scurrah as Chief Executive Officer	20-10-14	CI
Virgin Australia Group Announces Resignation of Paul Scurrah as Managing Director at Financial Close of the Sale Transaction to Bain Capital	20-10-14	CI
Virgin Australia : picks new CEO with budget ties as Bain pushes 'hybrid' strategy	20-10-14	RE
Virgin Australia : CEO negotiating terms of exit with new owner Bain -sources	20-10-14	RE
Virgin Australia : union suspends talks, seeking clarity over CEO's future	20-10-14	RE
'Poking the bear': Regional airline Rex using downturn to challenge Qantas, Virgin	20-09-30	RE
Regional Express : Australia's Rex signs deals to lease six 737 planes for planned Sydney-Melbourne route	20-09-29	RE
Regional Express : Australian regional airline Rex nears deal to fund big-city flights	20-09-21	RE

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Company Profile

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.

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