Reading Time: < 1 minute On Friday, Australia said it would lift the ban on Boeing 737 MAX aircraft flights, becoming one of the first in the Asia-Pacific region to take this step. “We … are confident that the aircraft are safe,” Graeme Crawford, acting chief of the Civil Aviation Safety Authority, claimed in a statement. No Australian airline operates […]
Reading Time: 2 minutes The Administrators of the Virgin Australia Group have confirmed the airline sale to the US private equity group Bain Capital. After Virgin Australia collapsed in April, an administrator, Deloitte, was appointed, and a formal bidding process got underway. The successful bidder was Bain Capital, who mapped out a proposal for the airline’s future. “Bain Capital […]
Reading Time: < 1 minute The rumours have been officially confirmed. Virgin Australia Holdings Limited has entered voluntary administration, putting 10,000 jobs at risk. Vaughan Strawbridge, John Greig, Sal Algeri and Richard Hughes of Deloitte were appointed as voluntary administrators of the company. The measure was taken in response to chaos created by the coronavirus crisis which deprived the airline […]
Reading Time: < 1 minute One of Australia’s largest airlines, Virgin Australia, has announced about further cuts of its domestic schedule to 90%. The hit of still spreading coronavirus is too massive for aviation to adequately cope with it. Last week the carrier said that it will suspend all international operations starting 30 March to 14 June, 2020, and reduce […]
Reading Time: < 1 minute A Virgin Australia Avions de Transport Regional ATR-72-212A, performing flight from Sydney to Canberra (Australia), reported both engines rollback, one after the other. Aircraft was descending through 11,000 feet towards Canberra when the right hand engine (PW127) rolled back and flamed out. The engine automatically restarted about 5 seconds later. The crew continued the descent, descending […]
Reading Time: < 1 minute Virgin Australia has exceeded its target of an equal intake of males and females for its 2018 Pilot Cadetship program, achieving female representation of 56 per cent, a 200 per cent increase on the previous program. According to Virgin Australia Group Executive People, Lucinda Gemmell Virgin Australia is committed to increasing gender diversity across all […]
Reading Time: 2 minutes Virgin Australia is considering all Boeing 737 MAX variants as part of its order for 40 of the next generation narrowbody, group executive for airlines Rob Sharp says. The first 737 MAX in Virgin Australia colours is due to arrive in the fleet in the final quarter of calendar 2019. While the initial 2012 order […]
Reading Time: < 1 minute Etihad backed Virgin Australia posted $185 million in annual losses last month. The results were the fifth consecutive annual loss by Australia’s second-biggest carrier, in which Etihad has a 21 percent stake. CEO John Borghetti says that the losses, a 17.6 percent improvement year on year, indicate that the airline is “on the right track” […]
Reading Time: 3 minutes Virgin Australia posted a fifth consecutive annual loss in 2016/17 as the airline group battles a resurgent Qantas amid a subdued domestic market and books one-off charges from restructuring its fleet. The airline group has reported a statutory after tax loss of $220.3 million for the 12 months to June 30 2017, an improvement from […]
Reading Time: < 1 minute The Australian Federal Court has fined Jetstar Airways AUD545,000 (USD410,000) and Virgin Australia AUD200,000 (USD150,000) for offences relating to misleading advertising. The pair were found guilty in December 2015, and the fines were announced this week by the Australian Competition and Consumer Commission (ACCC). “The ACCC was concerned that Jetstar and Virgin’s ‘drip pricing’ conduct […]