Emerson's meeting with stakeholders in Sydney marks his first significant action since succeeding Jayne Hrdlicka last month.

To facilitate these discussions, Bain Capital, which acquired Virgin Australia during its voluntary administration in 2020, has enlisted brokers such as Goldman Sachs, UBS, and Barrenjoey.

The airline returned to profitability in fiscal 2023 for the first time in 11 years, which has sparked renewed interest in a relisting.

Executives from Virgin Australia are scheduled to meet potential investors on April 1, 2025, to discuss the airline's recent profitability surge.

During the investor meetings, Emerson is expected to provide updates on Virgin's strategic reset and emphasize its transition to a less complex operational model.

Virgin Australia's new CEO, Dave Emerson, is engaging potential investors as the airline prepares for a possible public listing in 2025.

In the year leading up to December 2024, Virgin Australia's passenger volume surged by 15.8%, surpassing growth rates of competitors like Qantas and Jetstar.

As of December 2024, Virgin Australia has overtaken Qantas to become the largest airline in Australia by market share, holding 35% compared to Qantas' 34.6%.

The airline's return to public ownership was further supported by the Australian government's recent approval of Qatar Airways' minority stake acquisition.

In October 2024, Bain sold a 25% stake in Virgin to Qatar Airways, enabling the airline to utilize Qatar's aircraft and crews for new international routes starting in June 2025.

While reports suggest a potential ASX float could occur as early as June 2025, the timeline remains uncertain and depends on the readiness of Bain and Virgin.

Industry analysts caution that achieving a June IPO would be ambitious, necessitating swift preparations from the airline.