All Virgin Australia articles – Page 2
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NewsAustralia extends A$1.2bn ‘ticket to recovery’ for tourism, airline sectors
Australia has rolled out its latest round of financial support for its tourism and airline sectors, which have acutely felt the impact of the coronavirus pandemic.
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NewsOn International Women’s Day, female CEOs make up 4% of airline total
The global airline industry can cite recent progress towards achieving a better gender balance in executive teams, even if it is sometimes a case of two steps forward, one step back – from a very low base.
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AnalysisStage set for battle royale among Australia’s domestic carriers
With international borders likely to be shut for most of the year, Australia’s airlines are focusing their energies on capturing domestic market share. This year, new entrant Rex enters the domestic trunk network, while a rebooted Virgin Australia takes flight after exiting administration. How will this battle shape out, and will there be casualties?
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NewsVirgin Australia shakes up management team under new chief
Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka.
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NewsVirgin Australia ATR 72 in 2019 runway incursion at Canberra
Investigators from the Australian Transport Safety Bureau (ATSB) have urged flight crew to familiarise themselves with the varying layouts of airports, especially those with unique designs, and ensure “effective flight crew coordination is employed”.
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NewsVirgin Australia orders 25 Boeing 737 Max 10s, cancels previous deal
Virgin Australia, which most recently exited administration under new owners, has placed a new order for 25 Boeing 737 Max 10s, after cancelling its existing commitments for the type.
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OpinionPilots must adapt and overcome to deal with grief of job loss
Flightcrew may not realise it, but dealing with the aftermath of redundancy in the Covid-19 age requires a whole new set of skills as they wait for an opportunity to return to the skies.
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NewsVirgin Australia bondholders drop challenge to Bain Capital sale
A group of Virgin Australia bondholders, represented by two fund managers, have withdrawn their application to the Australian Takeovers Panel to challenge the airline’s sale to Bain Capital.
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In depthAsia-Pacific coronavirus crisis has clear winners and losers
Asia-Pacific airlines continue to have a rough ride with coronavirus, but the crisis will place further airspace between stronger and weaker carriers.
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NewsBain Capital and Cyrus Capital on Virgin Australia shortlist
Bain Capital and Cyrus Capital Partners are on the final shortlist of potential buyers for Virgin Australia. “The next stage in this sale process begins today,” administrator Deloitte said on 2 June. Deloitte will facilitate engagement between the preferred bidders and business stakeholders in the coming weeks, ...
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NewsIndia’s Indigo distances itself from shareholder move for Virgin Australia
The parent of Indian carrier Indigo Airlines has distanced itself from a move by its biggest shareholder InterGlobe Enterprises expressing interest in Virgin Australia.
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NewsBranson to sell shares in Virgin Galactic to help troubled travel businesses
Richard Branson’s Virgin Group is looking to sell some of its stake in Virgin Galactic to help raise proceeds to support its troubled leisure, holiday and travel businesses.
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PodcastAirline Business podcast: What will industry look like when flying restarts?
With talk in some regions turning to how airline markets might open up again as coronavirus cases peak, Graham and Lewis examine the current state of the industry and where it might be heading. Among the topics considered, they look at Virgin Australia’s demise and the moral hazard faced by ...
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NewsEtihad open to ‘constructive’ talks on Virgin Australia restart
Virgin Australia’s biggest shareholder Etihad Airways says dealing with the coronavirus impact on its own business meant it was unable to provide further funding to the carrier, but that it remains open to “constructive discussions” over its potential restart.
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NewsLoosened tie bolt assemblies behind Virgin Australia 737 wheel failure
Virgin Australia has implemented new landing gear wheel inspection guidelines, following the failure of a main landing gear wheel on a Boeing 737-800. Releasing its final report into the 2017 incident, investigators from the Australian Transport Safety Bureau (ATSB) found that the number one main wheel ruptured because of loosened ...
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NewsVirgin Australia cuts entire international network, halves domestic capacity
Virgin Australia will suspend all international flights until June, and ground its entire widebody fleet, as it continues to reel from the impact of coronavirus outbreak. It will also cut domestic capacity by half until June, up from a previously announced cut of 5%. Virgin Australia states that it was ...
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NewsVirgin Australia cuts flights and suspends earnings guidance
Virgin Australia, which describes itself as a “[predominantly] domestic airline”, has made further cuts to its international network. It now expects to reduce international capacity by 8% instead of 4.8% in the second half of 2020, and 10.3% in the first half of 2021. Over the same period, group capacity ...
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NewsVirgin Australia pursues lower cost base amid interim loss
Virgin Australia is targeting annualised savings of A$125 million ($82.2 million), having slipped into a A$97 million net loss for the half-year period ended 31 December 2019. The net loss contrasts with a A$55 million net profit in the year-ago period, and the latest figures were subject to a more ...
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NewsVirgin Australia bows out of Hong Kong market
Virgin Australia has decided to drop Hong Kong services, citing the ongoing civil unrest and the recent coronavirus outbreak. Following a “comprehensive review of the route”, the carrier will cease service on Sydney-Hong Kong from 2 March, after the previously announced suspension of Melbourne-Hong Kong from 11 February. Cirium schedules ...
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NewsUnited 777, Virgin Australia ATR in Sydney airprox incident
The Australian Transport Safety Bureau (ATSB) is investigating a loss of separation incident near Sydney Airport, involving a United Airlines Boeing 777-300ER and a Virgin Australia ATR 72. The incident took place on 22 January afternoon. During its initial climb, the United widebody, registered N2333U, turned right, resulting in a ...