Budget airline Tigerair killed off
Virgin Australia will dump its low-cost airline Tigerair and take a knife to more than 3000 jobs as the coronavirus pandemic crushes aviation.
Virgin Australia will dump its low-cost airline Tigerair and take a knife to more than 3000 jobs as the coronavirus pandemic crushes aviation.
Virgin is set to confirm retaining business lounges, the eventual resumption of international routes, and the demise of Tigerair.
The role former Jetstar boss will play in the operation of Virgin Australia is coming under the spotlight.
An update is expected on the management plan for the airline in the days ahead.
Virgin’s bond holders have submitted a draft deed of company arrangement to its administrators, outlining a $3bn recapitalisation program.
Virgin Australia’s creditors will find out on August 19 how much of a return they can expect from the airline’s new owner.
Virgin Australia customers say the airline’s recovery risks being undermined by poor customer service and a rigid no-refund policy.
Administrator had to take loans to pay Virgin employees’ wages because the airline had no cash available.
Retired Sydney engineer Bob Allison is reeling from the shock of Virgin Australia going into administration, and wonders what’s next.
Qantas is making big changes to its Frequent Flyer program to stimulate travel demand following the ‘setback’ in Victoria.
Virgin Australia’s administrators have all but ruled out a deal with anyone but Bain Capital.
The threat of collapse hanging over Richard Branson’s Virgin Atlantic is set to be lifted when it seals a $2.2bn rescue deal.
Virgin Australia may have been in talks with Flight Centre about taking space at the travel agency’s Brisbane headquarters.
Virgin’s administrators have slammed a court application by bondholders who want to know details of the sale to Bain.
Qantas and Jetstar have begun cutting flights in and out of Melbourne in response to the NSW border closure.
Court documents show just how close Virgin Australia came to disappearing for good.
Virgin has begun sending its aircraft back to their owners as the airline prepares for a much leaner operation under Bain Capital.
A Virgin union has hit out at new owner Bain, lambasting a top restaurant celebration as premature and flying in the face of huge layoffs.
With new, cashed-up owners, Virgin Australia is moving quickly to increase domestic flights to compete with Qantas.
Virgin Australia’s creditors owed $6.8bn by the airline have been told they should not expect to be repaid in full.
Original URL: https://www.theaustralian.com.au/topics/virgin-australia/page/27