Thursday October 02, 2014

FIRB approves Virgin’s partial sale of Velocity

FIRB approves Virgin’s partial sale of Velocity

Virgin Australia has moved a step closer to completing the partial sale of its Velocity frequent flyer program and boosting its balance sheet by $336 million after the Foreign Investment Review Board (FIRB) gave the deal the green light. FIRB had “no... [Continue reading]

Virgin adds new codeshare routes with South African Airways, Delta

Virgin adds new codeshare routes with South African Airways, Delta

Virgin Australia has announced new codeshare routes with South African Airways (SAA) and Delta Air Lines. First, Virgin will add its VA airline code on South African Airways’ daily Perth-Johannesburg service, operated with Airbus A340-300 and A340-600... [Continue reading]

Domestic capacity, load factors fall in July

Domestic capacity, load factors fall in July

Australian domestic carriers experienced lower load factors in July despite cutting capacity in the local market. The Bureau of Infrastructure and Regional Economics (BITRE) said the number of passengers carried on regular public transport (RPT) domestic... [Continue reading]

Virgin unveils new “business/first” seat

Virgin unveils new “business/first” seat

Virgin Australia will introduce what it calls a business/first class seat on transcontinental routes from Perth as part of one of the most dramatic upgrades of cabin product even seen by an Australian airline. Unveiled in Singapore on Wednesday, Virgin... [Continue reading]

Virgin’s newest A330-200 almost home

Virgin’s newest A330-200 almost home

Virgin Australia’s latest Airbus A330-200 has landed in Singapore on its way back to Australia. The aircraft, registration VH-XFJ, took off from Toulouse at 2355 local time on Monday as flight VA9948 and landed at Singapore Changi Airport at 1841 on... [Continue reading]

Delivery of Virgin Australia’s newest A330 nears as another leaves fleet

Delivery of Virgin Australia’s newest A330 nears as another leaves fleet

Virgin Australia’s newest Airbus A330-200 has been sighted at the Airbus factory in Toulouse, France, as its delivery date nears. The aircraft has been allocated the Australian registration VH-XFJ, and is due to be delivered to Australia before... [Continue reading]

New colours, name for “Brett’s Jet”

New colours, name for “Brett’s Jet”

Virgin Australia has repainted and renamed the Boeing 737-800 which was named Brett’s Jet after Virgin Blue founding chief executive Brett Godfrey. The 737, VH-BZG, was one of the last aircraft in the Virgin Australia fleet still wearing the old... [Continue reading]

Virgin, Qantas cut seats in July, while Tiger, Jetstar continue capacity expansion

Virgin, Qantas cut seats in July, while Tiger, Jetstar continue capacity expansion

While domestic capacity discipline seems to be the order of the day at Qantas and Virgin Australia, it is a different story for the nation’s two low-cost carriers Tigerair and Jetstar. Qantas’s latest traffic statistics indicate the Flying Kangaroo... [Continue reading]

Virgin Australia sends ATR to Melbourne, Launceston for route familiarisation

Virgin Australia sends ATR to Melbourne, Launceston for route familiarisation

Virgin Australia sent an ATR 72 to Melbourne and Launceston over the weekend for staff training and route familiarisation flights, potentially laying the groundwork to expand its ATR turboprop regional operations beyond NSW and Queensland. Flight tracking website... [Continue reading]

Borghetti says demand gap closing

Borghetti says demand gap closing

Virgin Australia chief executive Johh Borghetti says the market is slowly catching up with the excess capacity swirling around in the domestic market. However, he admits there is still a long way to go. The softening in the national economy, coupled with... [Continue reading]

Tigerair on path to 2017 profit, Virgin says

Tigerair on path to 2017 profit, Virgin says

Tigerair Australia is on a clear path to profitability by 2016/17 after a year of transformation, the budget carrier’s majority owner Virgin Australia says. Virgin completed its 60 per cent purchase of Tigerair Australia from Singapore-based Tigerair... [Continue reading]

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