0000 GMT - Virgin Australia's bulls at Jarden think investors should gain confidence from the carrier's rational response to uncertainty over fuel costs and supply. They point out that Virgin could have leveraged its strong financial and strategic position, derived from its conservative hedging strategy, to extract profits or drive incremental domestic market share. Instead, they see it navigating a challenging industry environment by managing capacity and pricing. Jarden's analysts tell clients in a note that this rationality, which they also see at larger rival Qantas, can underpin investor optimism for the 2027 fiscal year. Jarden cuts its target price 5.0% to A$3.80 and keeps a buy rating on the stock, which is at A$2.52 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 15, 2026 20:00 ET (00:00 GMT)
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