type public asx vah industry airline founded 2000 headquarters bowen hills brisbane key people elizabeth bryan chairman john borghetti ceo revenue a 3.988 billion june 2013 owner etihad airways 21 % nanshan group 19.9 % singapore airlines 19.8 % hna group 13 % virgin group 8 % air new zealand 2.5 % number of employees 9 425 june 2014 subsidiaries tigerair australia virgin australia virgin australia airlines nz virgin australia regional virgin samoa website www.virginaustralia.com 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 . contents 1 history 2 air new zealand divestment 3 head office 4 references 5 external links history edit former virgin blue holdings logo used until december 2011 virgin blue holdings was formed in 2000 as a wholly owned subsidiary of the virgin group . in 2001 the then air new zealand owned ansett australia made a buyout offer of 250 million which was publicly rejected by richard branson . 1 in 2002 virgin came to an agreement with patrick corporation to invest in the airline to allow it to grow into a national airline filling the void following the demise of ansett australia . 2 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 . 3 in 2003 virgin blue holdings limited was floated on the australian securities exchange as virgin group sought to sell down its holdings . 2 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 . 4 at the time toll holdings owned 62.7 % of the company and had previously attempted to sell the share to no avail . 5 6 in january 2011 air new zealand purchased a 15 % shareholding in virgin blue holdings . 7 in june 2013 this was increased to 23 % . 8 in september 2012 etihad airways purchased a 10 % shareholding this was later increased to 20 % . in october 2012 singapore airlines bought a 10 % stake in virgin australia holdings . 9 in april 2013 this was increased to 20 % . 10 in october 2012 virgin australia holdings announced it had purchased a 60 % stake in tiger airways australia with the transaction concluded in july 2013 . 11 tiger would continue to operate as a low cost subsidiary of virgin australia for 20 years . in april 2013 virgin australia holdings completed its acquisition of regional airline skywest airlines and rebranded it virgin australia regional airlines . 12 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 . 13 14 this acquisition was completed in february 2015 with tigerair becoming a fully owned subsidiary of virgin australia holdings . 15 in may 2016 hna group part owner of hainan airlines announced plans to purchase a 13 % stake in virgin australia holdings which if approved will see existing owners shares diluted . air new zealand s stake would become 22.5 % etihad would hold 21.8 % singapore airlines 20.1 % and virgin group 8.7 % . 16 in june 2016 air new zealand sold 19.9 % of vah to nanshan group majority owner of qingdao airlines . 17 air new zealand divestment edit in march 2016 air new zealand announced plans to divest itself from virgin australia holdings . air new zealand ceo christopher luxon announced intentions to resign from the board of directors for virgin australia . it was also announced that air new zealand were unaware of its position of whether they were divesting all or part of their shares . 18 head office edit virgin village the virgin blue holdings limited head office in bowen hills brisbane virgin australia holdings has its head office in virgin village in bowen hills brisbane . as of 2008 1 000 employees work at virgin village . 19 the building with about 13 220 square metres 142 300 sq ft a grade office space was triple net leased to virgin blue . 20 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 . 21 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 . 22 the current head office facility virgin village formally opened on 17 october 2008 . 23 references edit daniel zoe 4 september 2001 . virgin blue boss jokes about buy out deal . abc radio national pm . retrieved 22 august 2007 . a b meier michael 26 july 2006 . virgin blue defining a new world carrier . celway group . retrieved 22 august 2007 . maiden malcolm 23 january 2003 . patrick s move on virgin blue has a sense of d j vu about it . the age . retrieved 22 august 2007 . virgin blue holdings . toll announces payment of an in specie dividend to toll shareholders satisfied by distribution of virgin blue shares . retrieved 18 march 2010 . stephen mayne 14 july 2008 . toll quits virgin blue books 1.3 billion loss . crikey . retrieved 18 march 2010 . giles parkinson 14 july 2008 . toll s virgin blue solution . business spectator . retrieved 18 march 2010 . georgina bond 21 january 2011 . air new zealand pays 188.9 million for virgin stake . national business review . retrieved 21 january 2010 . air nz revealed as buyer of 3pc additional virgin stake the australian 6 june 2013 singapore airlines buys 10 % stake in virgin australia bbc news 30 october 2012 singapore ups virgin stake to 20 per cent sydney morning herald 24 april 2013 tiger air becomes part of virgin news.com.au 8 july 2013 media releases 2013 . virgin australia . 11 april 2013 . virgin australia pays 1 for tigerair stake . the australian . 17 october 2014 . virgin australia plans full ownership of tigerair australia . australian aviation . 17 october 2014 . about tigerair . whitley angus 31 may 2016 . billionaire chen s hna to acquire stake in virgin australia . bloomberg . retrieved 5 june 2016 . air nz sale of virgin stake to nanshan completed . australian aviation . 21 june 2016 . air nz set to ditch virgin stake . virgin blue seeks shelter in brisbane . the australian . aap . 17 october 2008 . retrieved 30 november 2011 . virgin blue national headquarters brisbane new 12 year lease . jones lang la salle . retrieved on 9 february 2010 . virgin blue in state of excitement over new invest queensland campaign . virgin blue . monday 6 march 2006 . retrieved on 8 february 2010 . robins brian 31 march 2008 . sydney chosen to be headquarters of v australia . the sydney morning herald . retrieved 30 november 2011 . the year that was . 2009 virgin blue annual report . retrieved on 8 february 2010 . external links edit queensland portal companies portal aviation portal official website v t e virgin group assets lifestyle active balloon flights books care casino experience days games gaming health bank pure voucher electric racing wines travel america atlantic vacations virgin australia holdings australia regional virgin samoa tigerair australia cruises galactic holidays travel city direct hotels chicago limited edition natirar necker roof gardens ulusaba limobike oceanic trains west coast east coast music megastores records virgin emi v festival money green fund money uk money australia media connect media ireland mobile uk virgin mobile australia canada chile france india poland south africa usa produced radio uk france canada toronto montreal vancouver calgary edmonton winnipeg london on italy dubai turkey jordan thailand virgin hitz eazy fm lebanon former comics festival north america festival australia heaven ou fm racing f1 radio ottawa uk radio classic groove xtreme v2 records virgin.net defunct brides cars charter cinemas digital digital help drinks cola vodka electronics energy express films interactive limousines little red megastores uk media television money us nigeria northern rock radio free sun trains crosscountry trains expresscoach vie virginware people richard branson nik powell other losing my virginity timeline of richard branson s business ventures unite charity virgin earth challenge ds virgin racing category commons retrieved from https en.wikipedia.org w index.php title virgin australia holdings & oldid 734133149 categories airline holding companiesaviation in australiacompanies based in brisbanecompanies listed on the australian securities exchangeholding companies established in 2000holding companies of australiavirgin group2000 establishments in australiahidden categories use australian english from april 2014all wikipedia articles written in australian englishuse dmy dates from may 2011pages using infobox company with unsupported parameters navigation menu 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