After weeks of good news, mixed messaging between state and federal governments is spooking consumers.
With talk of flights resuming over the next couple of weeks, the final two bidders for Virgin Australia are proposing a “hybrid” model for the airline, placing it somewhere between Qantas’ premium offerings and Jetstar’s budget fares.
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 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?
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?
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.