Buyers queue, Virgin may sell ‘in weeks’
Virgin Australia could have new owners in just eight weeks, as more than 10 potential suitors line up for a closer look.
Virgin Australia
The airline that could … until it couldn’t
When its founders nutted out the concept for Virgin Blue on the back of beer mat, they foresaw soaring success. But fast forward two decades ….
Virgin frequent flyer points frozen
The four-week freeze of failed Virgin’s Velocity program comes after anxious members crashed its website, amid fears of losing points.
Buyers kicking Virgin tyres
The administrator of failed airline Virgin Australia says more than 10 ‘sophisticated’ parties have shown interest in buying it.
‘I love Virgin like another mother’
Airline employees deliver an emotional plea to the PM to save their company, declaring: ‘Without Virgin, we’re nothing’ | WATCH
Virgin leaves sport, arts up in the air
Virgin has left tens of millions dollars in major sponsorship deals with the likes of the AFL and Supercars up in the air.
Deloitte poised to defend Virgin role
Deloitte’s appointment as voluntary administrator to Virgin has echoes of a controversy at Network 10 in 2017.
Virgin rebuffed eight times
Virgin Australia CEO Paul Scurrah reveals he put a total of eight proposals to the federal government, all of which were knocked back.
Why Virgin wasn’t built to last
Virgin’s talent for burning cash and thirst for cheap money were always going to leave it vulnerable.
‘This isn’t Ansett’: Treasurer says Virgin will go on
Josh Frydenberg has poured cold water on the idea that Virgin entering voluntary administration will be the end of the airline.
Branson hocks his Caribbean island to save Virgin
In an open letter to his staff, Richard Branson, worth £4bn, says he doesn’t have the cash to save Virgin but offers his Caribbean island retreat Necker as collateral.
Saviours hard to find in viral times
The flying public nodded in agreement when Michael McCormack said he didn’t want Australia to have only one airline.
Virgin crashes into administration
Deloitte appointed as voluntary administrator after airline fails to secure a financial backer.
Survival chance in Virgin collapse
This is the biggest aviation collapse in Australia’s history but it is one where there is also a chance of recovery.
No extensions for frequent flyers
Qantas and Virgin Australia are refusing to extend the expiry period for frequent flyer points in the coronavirus crisis.
Virgin on a new path to state rescue
The Queensland government has moved to ignite a rescue bid for Virgin Australia, offering $200m towards a bailout it believes other states will join.
Virgin cops Moody’s downgrade
In a case of tragic timing, Moody’s Investor Service has downgraded Virgin Australia’s credit rating.
Vestal Virgin pokes the dying embers
Canberra says there are alternate buyers for Virgin, which just happens to be what Canberra wanted in the first place.
Industry super should aid Virgin: PM
Scott Morrison has urged industry super funds to help Virgin Australia survive the coronavirus pandemic.
Velocity loyalty program on the radar
Private equity may be passing up the opportunity to bail out Virgin Australia, but one aspect of the business they are keeping close tabs on is its Velocity Frequent Flyer loyalty program.
Original URL: https://www.theaustralian.com.au/topics/virgin-australia/page/32