Willing buyer for bitter break-up
Simmering tensions in the boardroom pave the way for a Chinese billionaire to swoop.
Simmering tensions in the boardroom pave the way for a Chinese billionaire to swoop.
Air New Zealand has all but pulled out of Virgin Australia after selling a 19.98 stake to China’s Nanshan Group.
Virgin has stressed its independence, but no matter how you weigh it up the airline is now controlled by China Inc.
How Virgin’s new Chinese shareholders relate to each other and other shareholders will be critical to boardroom stability.
China’s Nanshan is set to grab a major slice of Virgin Australia with the purchase of a 19.9pc stake from Air New Zealand.
Qantas chief Alan Joyce has shrugged off a $159 million investment in Virgin Australia by Chinese carrier HNA.
Virgin Australia’s ATR-72 fleet is getting a new coat of paint that promises less maintenance and more fuel savings.
China’s biggest privately owned airline, HNA Group, has emerged as a potential saviour for Virgin Australia.
Hainan Airline Group is a sprawling conglomerate, with links ranging from George Soros to China’s government.
The HNA placement will help Virgin strengthen its capital structure, but it’s the improved access to China that really matters.
Virgin’s tie-up with China’s HNA group could anger Air NZ as it continues to eye an exit from its stake in the carrier.
Sir Richard Branson says the sale of Air New Zealand’s $450 million stake in Virgin Australia will be concluded soon.
Virgin Australia’s frequent-flyer program Velocity is on track to become a $500m-a-year business.
The head of Virgin Australia’s Frequent Flyer business yesterday warned against investing in data mining.
A Virgin Australia flight to Darwin was forced to return to Sydney this morning after odours of smoke were detected.
Tigerair Australia has joined seven Asian airlines to create the world’s largest low-cost alliance.
New luxury suites will take the fight to Qantas on flights to Los Angeles and Abu Dhabi.
Chief executive Akbar Al Baker says Qatar Airways in not interested in buying a stake in Virgin Australia.
Virgin Australia will post a lower-than-expected profit for the full year after revealing it was cutting capacity.
Aviation giant says its soft result was impacted by weak consumer demand and uncertainty about the election.
Virgin’s decision to adjust capacity shows discipline and sensitivity, but the airline’s sweet spot is over.
Any exit of Air New Zealand from Virgin Australia won’t dent the two airlines’ plans for a jet biofuel industry.
The battle between the nation’s low-cost airlines to record the best on-time performance is being won by Tigerair.
Virgin Australia has hired former Nine Entertainment executive Simon Kelly to work on its capital structure review.
Singapore Airlines has upped its stake in Virgin Australia a week after Air NZ flagged its intention to sell out.
Singapore Airlines has seized on the ownership uncertainty surrounding Virgin by upping its stake in the airline.
Ratings agency Moody’s has put Virgin Australia’s credit rating under review for a downgrade.
Virgin Australia’s plan to increase its annual freight revenue to $150 million has received a big boost.
Virgin Australia’s financial credibility has been dealt a serious blow after Standard & Poor’s downgraded its outlook.
Air New Zealand has sent Virgin Australia shares into a 9.3 per cent free fall as it outlined a review of its stake.
Original URL: https://www.theaustralian.com.au/topics/virgin-australia/page/30