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Indigo Partners’ Bill Franke has suggested that a shift towards a low-cost model could allow Virgin Australia to bounce back from administration. Franke co-founded Indigo, which recently emerged as one of four suitors short-listed for the Virgin Australia sale. The company specialises in investment in low-cost carriers (LCCs), maintaining stakes in both Frontier Airlines and
The federal government has reportedly rejected a request from the Queensland government to provide Virgin Australia with short-term funding. The Australian Financial Review reported on 20 May that the Palaszczuk government first approached Canberra on Monday, looking to strike a deal to inject much-needed cash into proceedings. If successful, the deal would have provided administrators
A spat between state politicians in NSW and Queensland has escalated in recent days, with senior officials in disagreement as to when the states’ shared border should be reopened. Speaking to ABC News Breakfast on Monday, Queensland Premier Annastacia Palaszczuk hinted that Queensland could remain closed to interstate arrivals through to September. This content is
Freight flights will depart Hobart airport twice a week from next week, as part of a new government partially which underwrites agriculture and fisheries routes cut off by the coronavirus crisis.
Fly in, fly out charter operator Alliance said its ability to adapt planes for coronavirus has helped it to increase profits this financial year by $7 million.
The chief executive also reiterated an earlier pledge to offer $19 fares between Sydney and Melbourne when recreational flights resume.
