Virgin Blue

Toll Holdings to Exit Its Stakes in Virgin Blue

Sun, 13/07/2008 - 21:53

Toll Holdings, the largest shareholder in Australia's second largest Airline, Virgin Blue Holdings plans to scrape its majority stakes in the airlines. Virgin Airlines is also Australia's biggest freight carrier owned by Virgin Group. Toll shall offload its holdings via a special dividend scheme according to which Toll shareholders shall get one share of Virgin Blue for every Toll share they own.

Australian Market Preview

Mon, 16/06/2008 - 10:01

Here is an update on the different sectors of Australian market from market analyst Macquarie Research Equities.

Record Oil - The Impact of Black Gold

Australian Listed Airline Companies

Tue, 26/09/2006 - 04:38

Qantas (QAN) and Virgin Blue (VBA) are two airline companies listed on the Australian Stock Exchange (ASX). Stock analyst, Macquarie Research Equities (MRE) have noted the dramatic decline of the oil price as of late. This is a positive catalyst for airline companies with oil comprising about 30 percent of an airline company's cost base. MRE have updated their QAN and VBA forecasts in light of this recent trend in the oil price.

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