Rex has had its application granted to operate one to two return services per week on most of its network underwritten by the government’s $298 million regional aviation finance package.

Sir Richard Branson has released a video paying tribute to Virgin Australia’s staff following the airline’s collapse into administration, but also made a pointed attack on the government.

Virgin Australia’s administrator, Deloitte, has confirmed investors are already interested in saving the airline after it entered voluntary administration.

Virgin Australia has finally confirmed to the ASX that it has entered voluntary administration.