Virgin Australia Holdings
|Public (ASX: VAH)|
|Headquarters||Bowen Hills, Brisbane|
|Neil Chatfield (Chairman)
John Borghetti (CEO)
|Revenue||A$3.988billion (June 2013)|
|Owner||Air New Zealand (26%)
Singapore Airlines (23%)
Etihad Airways (21%)
Virgin Group (10%)
Number of employees
|9,425 (June 2014)|
Virgin Australia Airlines (NZ)
Virgin Australia Regional
|Slogan||Now you're flying|
Virgin Australia Holdings Limited is the holding company that owns and operates Virgin Australia and Tigerair Australia. It previously operated Pacific Blue Airlines and joint-venture airline Polynesian Blue which were absorbed into Virgin Australia in December 2011. Its head office is located in Bowen Hills, Brisbane.
Virgin Blue Holdings was formed in 2000 as a wholly owned subsidiary of the Virgin Group.
In return for a 50% share of the company, Patrick invested $260 million. At the time, the view was that Patrick's shareholding would also allow the company to benefit from their new shareholders political connections with the Howard Government, and also 'Greenwash' the company, allowing it to be described as Australian-owned. 
In early 2005 Patrick launched a hostile takeover for Virgin Australia Holdings. Patrick had been unhappy for some time with the company's direction. By the closure of the offer, Patrick held 62% of the company, giving it control. Virgin Group retained a 25% share. In 2006, Patrick Corporation was taken over by Toll Holdings, who maintained the ownership of shares in Virgin Blue Holdings. In 2008 the group announced a plan to distribute 98.3% of its shares in the company to its shareholders, thus making itself no longer a majority stakeholder. At the time Toll Holdings owned 62.7% of the company and had previously attempted to sell the share to no avail.
In September 2012, Etihad Airways purchased a 10% shareholding, this was later increased to 20%.
In October 2012, Virgin Australia Holdings announced it had purchased a 60% stake in Tiger Airways Australia with the transaction concluded in July 2013. Tiger would continue to operate as a low cost subsidiary of Virgin Australia for 20 years.
In October 2014, Virgin Australia Holdings announced plans to acquire the 40% stake of Tigerair Australia still held by Tiger Airways Holdings for $1, giving Virgin full ownership. Virgin would retain the Tigerair name and acquire the brand rights for Tigerair to operate to some international destinations from Australia.
Virgin Australia Holdings has its head office in Virgin Village in Bowen Hills, Brisbane. As of 2008, 1,000 employees work at Virgin Village. The building, with about 13,220 square metres (142,300 sq ft) A-Grade office space, was triple net leased to Virgin Blue.
As the airline started operations, it decided to place its head office in the Brisbane area. Brett Godfrey, the-then chief executive of Virgin Blue, said in 2006 that the decision "was a long considered one and has worked well." The airline originally had its head office in Fortitude Valley. The airline purchased a $61 million site in Bowen Hills for its new head office. The firm Sunland Group, which had acquired the Bowen Hills site for $8 million in 2005, had scheduled to complete the new head office in March, and the airline would be ready to move into the new head office by August of the following year. The current head office facility, Virgin Village, formally opened on 17 October 2008.
Virgin Australia is publicly listed. As at 24 September 2014 major shareholders were:
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- Annual Report for Year Ended 30 June 2014 Virgin Australia Holdings