Blue skies, but virgin territory
Virgin Australia boss John Borghett sees nothing but blue skies as the airline takes Chinese stakeholders on board.
Virgin Australia boss John Borghett sees nothing but blue skies as the airline takes Chinese stakeholders on board.
Virgin Australia’s strategy to crack the Chinese travel market is superior to Qantas’s, boss John Borghetti claims.
Having radically overhauled Virgin Australia, John Borghetti needs to prove it can deliver respectable financial returns.
Virgin’s John Borghetti has spruiked the group’s positive momentum as Tigerair landed a profit ahead of schedule.
Two Chinese firms have emerged with significant stakes in Virgin following the completion of its $1.1bn raising.
Virgin Australia’s full-year losses have more than doubled to $224.7 million.
Despite underlying profit landing in guidance range, restructuring costs have decimated Virgin’s FY result.
Etihad Airways has cruelled Singapore Airlines’ chances of becoming the largest shareholder in Virgin Australia.
Virgin is set to successfully close its $852m capital raising after Etihad said it’d take up its full entitlement.
Etihad Airways, which owns 21.8 per cent of Virgin, has one more day to join an $852m capital raising.
Virgin Australia’s freshly fitted-out business class cabin is as good as you’re going to get at 30,000ft.
Virgin Australia is advancing plans to begin flying to China and Hong Kong later next year.
Virgin Australia will launch its long-awaited in-flight WiFi internet services next year.
John Borghetti in Los Angeles this week unveiled Virgin’s new business class cabin — called The Business.
Qantas has moved up a rung on the ladder of the world’s top ten airlines with the annual Skytrax World Airline Awards.
Virgin Australia plans to phase out Tigerair’s fleet of Airbus A320 aircraft will help it save costs.
Virgin Australia will take a one-off $450 million hit to its full-year earnings to fix its balance sheet.
John Borghetti faces his final shot at generating appropriate returns from Virgin’s shinier planes and lounges.
UBS has invited minority shareholders to bid into an $852m entitlement offer for Virgin Australia.
Virgin will take a one-off $450m whack to its full-year profit as it feels the pain of an expensive restructure.
Members of Virgin’s frequent-flyer business, Velocity, will soon be able to trade points for petrol and snacks.
Virgin Australia’s newest shareholder, Chinese conglomerate Nanshan, is set to bag a seat on the airline’s board.
Virgin Australia has appointed consultant John Thomas to a position that puts him in line for John Borghetti’s job.
Singapore Airlines has said that it has no desire to take control of Virgin Australia.
Buzz can say it has certainly been a hectic first half of the year for the Australian fashion industry.
Virgin Australia’s plan to cut jobs and rationalise aircraft will put the airline on the right path, analysts say.
Virgin Australia will raise $825m in fresh equity and has promised to cut costs and repair its balance sheet.
Singapore Airlines looks to up its stake in Virgin as the airline flags a fresh capital raising and cost-cutting measures.
Analysts are tipping Air NZ to make a special dividend after the sale of its Virgin Australia stake.
Simmering tensions in the boardroom pave the way for a Chinese billionaire to swoop.
Original URL: https://www.theaustralian.com.au/topics/virgin-australia/page/29