Tuesday September 02, 2014

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]

Virgin to put business class on the trans-Tasman, new premium product to come?

Virgin to put business class on the trans-Tasman, new premium product to come?

Virgin Australia is introducing business class seating on its trans-Tasman and Pacific Island 737 aircraft from early 2015. From March next year the 10 737s operated by the airline’s New Zealand-based operation (the former Pacific Blue), including... [Continue reading]

Virgin Australia brings forward 737 MAX deliveries, but “no rush” on widebodies

Virgin Australia brings forward 737 MAX deliveries, but “no rush” on widebodies

Virgin Australia has announced it is bringing forward first deliveries of the 23 Boeing 737 MAX 8s it has on order from 2019 to 2018 as part of efforts to increase aircraft fleet efficiency. However, the airline’s CEO John Borghetti won’t... [Continue reading]

Virgin Australia posts $355 million loss in 2013/14, sells partial stake in frequent flyer program

Virgin Australia posts $355 million loss in 2013/14, sells partial stake in frequent flyer program

Virgin Australia has posted a full year net loss of $355.6 million and says conditions remain challenging in the current year. The result was below market consensus of a $214 million loss for the 12 months to June 30 2014, according to a median of... [Continue reading]

Virgin unveils faster, more streamlined online check-in system

Virgin unveils faster, more streamlined online check-in system

Virgin Australia hopes an improved online check-in system will save passengers time and will be more user-friendly. The airline unveiled a new check-in system for domestic flights on Tuesday for use on smartphones, tablet devices and computers. Virgin... [Continue reading]

Tigerair likely a key focus during Virgin Australia’s results

Tigerair likely a key focus during Virgin Australia’s results

Much of Virgin Australia’s 2013/14 results presentation on Friday is expected to centre on the financial performance of its budget arm Tigerair Australia. Virgin purchased 60 per cent of Tigerair Australia in October 2012 from Tigerair Holdings based... [Continue reading]

Virgin Australia, Qantas cleared for ‘gate-to-gate’

Virgin Australia, Qantas cleared for ‘gate-to-gate’

Virgin Australia and Qantas have both announced they have received approval to allow their passengers to use personal electronic devices such as smartphones and iPads ‘gate-to-gate’. Both airlines announced on Monday evening that they had... [Continue reading]

Virgin ready to allow gate-to-gate use of portable electronic devices

Virgin ready to allow gate-to-gate use of portable electronic devices

Virgin Australia says passengers will soon be able to watch television programs, movies or read e-books from the moment they board their flight until the aircraft arrives at the gate. In a statement released late on Friday afternoon, Virgin Australia... [Continue reading]

Air NZ, Virgin to jointly take travel agents on journey through middle earth

Air NZ, Virgin to jointly take travel agents on journey through middle earth

In a sign of their deepening alliance, Virgin Australia and Air New Zealand will jointly take about 250 travel agents on what the pair describes as a “journey through Middle Earth”. The travel familiarisation trip in October will be run in... [Continue reading]

Virgin Australia’s first A330 leaves fleet

Virgin Australia’s first A330 leaves fleet

Virgin Australia’s first Airbus A330 appears to have operated its last flight in the airline’s colours and is being returned to its lessor. The ex-Emirates A330-200 aircraft, registration VH-XFA, left Melbourne for Singapore on Sunday, August... [Continue reading]

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