Media reports suggest the company is aiming to restructure into a public company ahead of listing on the ASX in June.
An article in the Australian Financial Review at the weekend revealed executives from Australia’s second largest airline had met with prospective investors ahead of a potential listing.
The company was delisted from the ASX in late 2020 after falling into administration at the start of the COVID-19 pandemic and was acquired by Bain Capital.
Former management consultant Dave Emerson has just succeeded Jayne Hrdlicka as chief executive.
According to the AFN, Mr Emerson will meet prospective investors in Sydney on Tuesday before similar meetings in Melbourne. The company also has plans to meet with investors in Asia, holding meetings in Singapore later this month.
Last month the government’s Foreign Investment Review Board (FIRB) approved Qatar Airways’ purchase of 25 per cent of the company.
Virgin have so far declined to comment on the ASX rumours.
