iscover
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?
Dubbed “Australia’s most sacred place” by Prime Minister Scott Morrison in his recent Anzac Day address, the Australian War Memorial is the nation's tribute to the courage and sacrifice of generations of men and women who served in war.
Virgin Australia has had a particularly turbulent couple of days, from initially demanding a federal government bail-out, to state government hostility over the location of their HQ, to collapsing into voluntary administration.
While the coronavirus crisis has effectively crippled the aviation sector for the time being, the long-term effect on the industry once the regulations begin to ease still remains relatively unclear.
While the federal government has responded to the airline sector with billions of dollars’ worth of support, the struggle of small aviation businesses through the devastating COVID-19 crisis remain largely unrecognised. Businesses that were already financially strained due to the cost of keeping up with existing regulation are now in even direr straights.
