Virgin Australia, owned by Bain Capital, is reportedly planning to relist on the Australian stock exchange after being delisted in 2020, according to the Australian Financial Review. The airline's executives are scheduled to present the company's improved profitability to potential investors on Tuesday.

Following financial struggles during the early stages of the COVID-19 pandemic in 2020, Virgin Australia was acquired by Bain Capital, who has been contemplating relisting the airline after it returns to profitability in fiscal 2023, marking an 11-year milestone. Newly appointed CEO Dave Emerson will commence discussions with fund managers about the airline's future direction, emphasizing its simplified operational structure during a forthcoming roadshow.

Despite the upcoming investor update and plans for relisting, Virgin Australia has not provided a response to media inquiries for comment.