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Virgin Australia Holdings Pty Limited is the holding company that owns and operates Virgin Australia and Virgin Australia Regional Airlines. It previously operated Pacific Blue Airlines , Tigerair Australia and joint-venture airline Polynesian Blue which were absorbed into Virgin Australia in December 2011.
Virgin Australia was launched as Virgin Blue, a low-cost airline, in August 2000, with two Boeing 737-400 aircraft, one of which was leased from then-sister airline Virgin Express. [ 12 ] [ 13 ] Initially offering seven return flights a day between Brisbane and Sydney, this was expanded to cover all major Australian cities and many holiday ...
Richard Charles Nicholas Branson was born on 18 July 1950 [9] [10] in Blackheath, Royal Borough of Greenwich, London, the son of Edward James Branson (1918–2011), a barrister, and his wife Evette Huntley Branson (née Flindt; 1924–2021), a former ballet dancer and air hostess.
Virgin Australia's creditors agreed Friday to sell the airline to Boston-based Bain Capital in a deal that will see the carrier cut 3,000 jobs and end many of its international flights. Co-founded ...
With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
Brett Godfrey is co-founder and was founding CEO of Virgin Australia Holdings, launching the airline with just UD$10M in seed capital and 2 jets. [8] He greatly expanded the airline, introducing low fare flights and creating partnerships with other airlines, often taking advantage of downturns in the airline industry.
Virgin Money was later bought by Clydesdale and Yorkshire Bank Group (CYBG) in 2018 for £1.7 billion ($2.68 billion). CYBG paid Virgin and Branson a royalty fee to continue using the brand’s name.
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline. A company or firm in which the holding company owns a significant portion of voting shares , usually 20–50% or a "minority of share ownership", is known as an associate company .