The weekly A320-200 flights, which commenced on Friday, depart Auckland in the morning and return in the evening, with onward same-day connections on Solomon Airlines to Honiara and Munda. The route will add around 14,000 seats per year between Auckland and Brisbane.
In a statement to the ASX, EY said it has brought in Houlihan Lokey to manage the sale, and “anticipates a competitive process” from interested parties.
BITRE data from January saw 77.7 per cent of Virgin network flights take off on time and 76.9 per cent arrive on time compared to 75.6 per cent on both measures for the Qantas network, while Virgin’s network cancelled 0.9 per cent of flights, compared to the Qantas network’s 2.4 per cent.
The Flying Kangaroo says the two organisations will work together to improve the accessibility of air travel and promote awareness and understanding of assistance animals, as well as providing freight and logistical support for ADA to transport puppies in training.
The Kiwi carrier posted a net post-tax profit of NZ$106 million for the first half of the 2025 financial year off the back of NZ$155 million in pre-tax earnings, towards the upper end of its guidance from November 2024.
In its latest Domestic Airline Competition report, the consumer watchdog found flights on services between metropolitan cities were 90.4 per cent full in November 2024, the highest since January 2019, when the ACCC’s data began.