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As Australia waited for the National Cabinet to announce the return of flying, Alan Joyce seized the initiative early and revealed he’ll hugely increase capacity in July. But will his plan be profitable?
The fight for Virgin is wrapping up, with the two shortlisted bidders left in the running preparing to make their case to both the administrator and to the union.
Despite the ongoing state feud about the appropriate time to open borders back up, sentiment among the industry is positive, with Qantas raring to go as soon as they’re given the green light and bidding for Virgin to be finalised by this Friday.
The shortlist of bidders on Virgin Australia appears to have been whittled down to four, but with the state border closure debate heating up and uncertainty still clouding the future of the airline, how will this saga unfold?
As restrictions ease, airlines are – slowly and with baby steps – starting to take to the skies for recreational travel. Air New Zealand became one of the first, as the country moved from ‘Level 3’ to ‘Level 2’ rules that meant Kiwis are now encouraged to leave their homes and see friends and family.
The competition is fierce amongst potential buyers for Virgin Australia, but how is the current uncertainty around flights as well as threats from Alan Joyce going to affect the sale getting over the line?
