Virgin Australia says finalisation of its acquisition of a 60 per cent stake in Tiger Airways Australia should be complete by mid-July, following approval of the deal by the Foreign Investment Review Board. “This confirmation satisfies another condition for the proposed acquisition of Tiger Australia, which will enable Virgin Australia to access the budget market
A three-year study into the viability of aviation biofuels has been released by The University of Queensland, James Cook University, Boeing, Virgin Australia, Mackay Sugar and IOR Energy. Researchers at the Australian Institute for Bioengineering and Nanotechnology looked at the engineering and associated financial viability of biofuel production. The work involved detailed techno-economic modelling of
Virgin Australia has created the new position of chief commercial officer, promoting group executive of sales Judith Crompton to the position. Crompton joined Virgin Australia in 2012 from Etihad Airways where she was head of global corporate sales. As well as sales and revenue management her new role sees her have responsibility for alliances and network.
Following the successful acquisition of Skywest Airlines last month, Virgin Founder Sir Richard Branson and Virgin Australia CEO John Borghetti have officially launched Virgin Australia Regional Airlines. Based in Western Australia, the new operation will have 32 aircraft operating more than 800 services a week to 41 destinations. The first three aircraft – an Airbus A320,
Virgin Australia, Brisbane Airport and SkyNRG have announced plans for a feasibility study into establishing a “bioport” at Brisbane Airport, with the aim of allowing aircraft to be fuelled with sustainable biofuels. A memorandum of understanding will see the three parties undertake a feasibility study, expected to take 12 months, which “will involve researching the
The operators of Darwin Airport will invest up to $75 million to upgrade its terminal facilities, a move welcomed by the major airlines as domestic and international competition hots up. The project will see three new aircraft parking bays, some 11,000 square metres of additional floor space and investment by the major airlines in new