Fifteen airlines have signed up to a new initiative that will see the government partially underwrite agriculture and fisheries airfreight routes previously cut off by the coronavirus crisis.
The Transport Workers Union has urged the government not to bailout “scandal-ridden” Swissport unless any deal includes equity and strict conditions on labour standards.
Tigerair staff have been reassured that they won’t be made redundant despite parent company Virgin Australia slipping into administration on Wednesday.
The Victorian government has admitted it considered joining an apparent bailout bidding war with Queensland and NSW to save Virgin in exchange for it relocating to Melbourne.
Virgin Australia Group’s chief executive Paul Scurrah revealed more than 10 parties have expressed interest in recapitalising the company after it entered voluntary administration on Tuesday morning.
Redemptions on Velocity Frequent Flyer points have been suspended for four weeks after Virgin Australia collapsed into administration.