Category: Virgin Australia

Airlines

Virgin’a Australia’s acquisition of Skywest Airlines has been approved by the Foreign Investment Review Board, clearing another hurdle for the deal to go forward. Skywest shareholders last week approved the deal, which would see Virgin purchase 100 per cent of Skywest’s issued share capital. Under the agreement, Skywest would become a part of the Virgin

Airlines

Virgin Australia’s wing of the overhauled Canberra Airport officially opened today, marking an important milestone in a $450 million upgrade that airport officials hope will prime the facility for a larger role. The facilities unveiled today include a sweeping glass atrium that connects the Qantas wing of the airport with Virgin’s new Western Concourse Terminal,

Airlines

Australia’s competition regulator has requested more information about Virgin Australia’s bid to buy Tiger Airways, delaying its decision on whether to approve the deal. Virgin told its investors of the request last week but declined to say what information the Australia Competition and Consumer Commission (ACCC) had asked for. This content is available exclusively to

Airlines

Virgin Australia and Tourism Australia have launched a $4 million advertising campaign targeting the international youth market as the first stage of the two organisations’ expanded partnership. As part of the promotion, each of Australia’s six state and territory tourism organisations will offer a unique ‘Best Job in the World’ as a winning prize to

Airlines

Virgin Australia has announced it will operate ATR 72 turboprop flights between Brisbane and Moranbah from April 2 and Brisbane and Bundaberg from May 4. To Moranbah, Virgin Australia will initially operate two daily return flights on weekdays, increasing to three daily return flights from April 15, while weekends will see one daily return flight

Airlines

Intense competition and increased capacity on Australian domestic routes has seen Virgin Australia’s profitability in the first half of the current financial slip by more than a half, so a statutory profit after tax of $23 million and an underlying profit before tax of $61 million. “Considering the aggressive competition and challenging economic environment, Virgin

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