Sunday October 26, 2014

Virgin Australia to start Darwin-Alice Springs flights from March

Virgin Australia to start Darwin-Alice Springs flights from March

Virgin Australia has announced plans to operate three-times-weekly return services between Darwin and Alice Springs from late March 2015. The commencement of the new services, to be operated by Boeing 737 aircraft, has been timed to coincide with the... [Continue reading]

Virgin completes partial sale of Velocity, pockets $336 million

Virgin completes partial sale of Velocity, pockets $336 million

Virgin Australia has received a $336 million boost to its balance sheet after completing the partial sale of its Velocity Frequent Flyer program. The deal to sell a 35 per cent stake in Velocity to investment firm and fund manager Affinity Equity Partners... [Continue reading]

Rex and Qantas claim on-time honours for September

Rex and Qantas claim on-time honours for September

Despite a strong improvement in on-time performance from Virgin Australia, Qantas and Regional Express (Rex) have maintained their position as the nation’s most punctual airlines. Figures from the Bureau of Infrastructure, Transport and Regional Economics... [Continue reading]

Virgin Australia plans full ownership of Tigerair Australia

Virgin Australia plans full ownership of Tigerair Australia

Virgin Australia says the takeover of Tigerair Australia will fast track the low-cost carrier’s path to profitability through international expansion and back room cost efficiencies. Australia’s second-largest carrier will pay A$1 to pick up the... [Continue reading]

Virgin says losses narrowed in first quarter of 2014/15

Virgin says losses narrowed in first quarter of 2014/15

Virgin Australia says consumer conditions remain weak as the carrier reported a $59.1 million statutory net loss in the first quarter of 2014/15. The airline, which has moved to quarterly reporting of its financial performance, says the underlying loss... [Continue reading]

Virgin’s newest A330 enters revenue service

Virgin’s newest A330 enters revenue service

Virgin Australia’s newest Airbus A330-200 has entered revenue service, joining the carrier’s five other Airbus widebodies flying between Perth and Australia’s east coast capitals. The first commercial flight of VH-XFJ took off from Melbourne as... [Continue reading]

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]

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