iscover
The airline blamed “rising supplier costs, high airport fees and intensified competition in the region” for the shock move but insisted the aircraft would help support its domestic fleet renewal program.
The low-cost carrier, which in 2014 axed a Darwin–Manila service launched several years prior, is looking to fly from Perth to Manila and Brisbane to Cebu using its A321neo LR fleet, having received approval from Australia’s International Air Services Commission in April.
The Australian Financial Review has reported that Anchorage Capital Advisors, which has in the past recapitalised businesses such as Slater & Gordon and Alinta Energy, was among the firms that bid on Rex before binding offers closed last week.
Flight QF2, operated by A380 VH-OQB, was forced to land at Baku’s Heydar Aliyev International Airport at around 7:55am local time after a female passenger in her 60s suffered a “life-threatening cardiac event” en route from London, as reported by the ABC.
The airline, which began flying to Perth in March as its first Australian destination, will double its frequency on the route from 18 July, having already expanded to a daily service, and will continue operating its 174-seat A320-200s.
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.
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
