Virgin Australia’s new chief executive, Dave Emerson, will formally start in the top job this week with one big item on his agenda: convincing local fund managers to support the airline’s re-listing on the ASX.
The last time the Bain Capital-owned airline did the rounds of investors and fund managers, Qantas shares were hovering around $7 and its chief executive, Vanessa Hudson, was trying to convince the market that it was not “as good as it gets” for the sector. Qantas stock has since soared past $10.
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