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Virgin Australia Holdings Limited (ASX: VAH) is a holding company for Virgin Australia International Airlines, Virgin Australia Domestic Airlines and also Tigerair Australia. Tigerair was acquired by Virgin in 2015.
The S&P/ASX 200 (NDEXASX:XJO) price bounced on Tuesday, with the All Ordinaries (ASX:XAO) price also overcoming RBA interest rate rises. CSL Limited (ASX:CSL) shares popped.
The S&P/ASX 200 (INDEXASX:XJO) is expected to edge lower when the market opens on Friday. Redbubble (ASX:RBL) and Commonwealth Bank (ASX:CBA) shares are in the news.
Virgin (ASX:VAH) has announced its plan on how to turn the business around after administration.
The S&P/ASX 200 (INDEXASX: XJO) is expected to open lower on Monday morning according to the Sydney Futures Exchange.
It seems that Virgin Australia (ASX:VAH) is about to have a new owner after Cyrus Capital pulled out of the running.
The ACCC is sending the Qantas (ASX:QAN) share price lower after an announcement this morning.
Shares within the travel industry are soaring this week. COVID-19 knocked travel industries for six, but they are coming roaring back now.
Virgin Australia (ASX:VAH) has moved onto the next stage of potentially being saved.
Australia’s share market, or the All Ordinaries (ASX: XAO), is down 0.9% at lunch. Webjet Limited (ASX: WEB) Carsales.Com Ltd (ASX: CAR) and Qantas (ASX: QAN) were moving the Australian share market.