iscover
Peter Warne, a former Chair of Macquarie Group Limited, will take over as non-executive chairman from Ryan Cotton, who has headed the Virgin board since November 2020. The company has lodged a prospectus, viewable online, ahead of the planned IPO.
After six months of negotiation, both the Australian Federation of Air Pilots (AFAP) and Transport Workers’ Union (TWU) have filed Protected Action Ballots at Express Freighters Australia, pushing commercial pilots that perform air freight work a step closer towards industrial action.
The private equity firm is looking to raise $685 million in the IPO, which will reduce its holding in the airline to 40 per cent, as reported in the Australian Financial Review. Brokers are selling 30 per cent of stock to new investors, with Qatar Airways to retain 23 per cent and management 7.8 per cent.
The flights, which will operate twice per week on A320/21neo aircraft, will run from 27 October 2025 to 27 March 2026, for a total of around 15,000 seats over the season. It will be the only non-stop connection between Adelaide and New Zealand’s South Island.
Commencing on 21 October, Jetstar will fly three times per week return year-round between Newcastle and Denpasar using its A321neo LR fleet, reducing the need for Hunter region residents to travel to Sydney for Bali flights.
The planes, which are configured for Australia and Pacific island flights, are fitted with 214 seats and are expected to add 70,000 seats per year to the airline’s network capacity. The first, ZK-NNH, will arrive on 4 June, with the second expected later in the month.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
