‘Critical’ flights to be subsidised by up to $165m
Sustaining Australia’s aviation industry seen as ‘critical to protecting livelihoods and saving lives’.
Virgin Australia
Dogfight over survival of airlines
The extraordinary game of brinkmanship between the government, Virgin and its creditors continues.
Virgin needs help, boss tells staff
Virgin Australia has asked for its shares to remain suspended for up to seven days as talks continue on a restructuring or rescue.
Tourism chiefs brace for Virgin hit
The $122bn tourism industry has urged Virgin, its backers and the government to find a solution to the airline’s woes.
Virgin owners must do their share: Treasurer
The government is putting pressure on Virgin Australia’s shareholders to step up to save the embattled airline.
What gives? Virgin is Qantas all again
When Qantas was privatised in 1993, there was a liability of $1.4bn the federal government eventually agreed to guarantee.
PM refuses to budge on Virgin bailout
The federal government has no intention of being Virgin’s ‘white knight’, dismissing growing calls for it to intervene to save the airline.
Canberra in Virgin debt dogfight
Canberra and the Virgin bond holders are playing a virtual game of dare to see who blinks first.
Ensure insurance covers frontline workers: ACCC
Watchdog tells life insurance industry to ensure frontline health workers are covered during the coronavirus crisis.
Gold Coast airport shuts down
With no commercial flights to cater for, the Gold Coast airport has temporarily shut its doors.
Virgin Australia axes every route but one
Virgin Australia reduces domestic flights to a single route as Qantas reveals 95 per cent drop in Easter travellers.
Better uses for $1.4bn than Virgin
Qantas needs competition, but there are better uses for a billion dollars than rescuing Virgin from its own mistakes.
Save Virgin to keep workers: Labor
Labor has warned the federal government it will be signing Virgin Australia’s death warrant if it does not provide a $1.4bn loan.
Why Virgin must be saved
The question is how far the government should go to ensure we have two airlines when the crisis is over.
Qantas reports 50 staff infected with virus
Qantas staff have been warned coronavirus is spreading in three ways after the infection of dozens of staff, including pilots.
Not asking for handout: Virgin
Virgin chief says an airline monopoly would be an economic disaster, but also argues Qantas too should get billions if needed.
Webjet goes for $332m capital raising
Webjet has announced an equity raising to recapitalise the company at $1.70 per share to secure up to $332m.
Virgin owners facing a wipe-out
With its major shareholders under pressure themselves, Virgin has placed its future in the hands of the government.
Qantas ‘fair’ cry would net $4.2bn bailout
Qantas has upped pressure on the federal government for an all-or-nothing approach to the airline industry, after Virgin sought a $1.4bn bailout.
Let’s hope special deals don’t have wings
A government bailout of Virgin Airlines is a step too far in what has to date been a well-constructed recovery plan from Canberra.
Original URL: https://www.theaustralian.com.au/topics/virgin-australia/page/33