Category: Virgin Australia

Regional Express executive chairman Lim Kim Hai has claimed Virgin Australia is headed for yet another financial disaster under the current administrator.  According to Lim, the restructuring provided a “wonderful opportunity” to make “deep-seated changes to Virgin”. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest

ACCC chairman Rod Sims has said that he is watching “extremely closely” to prevent anti-competitive behaviour from Qantas, as administrators work to resuscitate Virgin Australia. The news comes after Qantas chief executive Alan Joyce hinted at post-virus bargains, designed to stimulate demand in the domestic travel sector. This content is available exclusively to Australian Aviation

It cost more than a $1 billion, was in construction for eight years and took the collective effort of 3,700 people and 3.3 million manhours – but yesterday work finished on Brisbane’s new runway under the eerie quiet of a coronavirus lockdown.

Virgin Australia’s administrator has told the first meeting of shareholders that there are now 20 parties interested in buying the airline – up from 10 confirmed last week.