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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 ...
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.
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 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 ...
U.S. private equity group Bain Capital said on Friday it has agreed with the administrator of Virgin Australia Holdings Ltd to buy Australia's second-biggest airline for an undisclosed sum ...
Virgin appointed Keith Neate, a former executive vice- president and chief financial officer of Aurizon Holdings, as its new CFO. Virgin Australia to merge units, cut jobs as it swings to FY loss ...
Virgin Australia Regional Airlines (VARA) is an Australian regional airline based in Perth, servicing key towns in the state of Western Australia. The airline also flies interstate to destinations such as Adelaide , Darwin , Melbourne and Alice Springs .
The airline statistics for the 2012–2013 year showed that of the major Australian domestic airlines (Qantas, Jetstar, Virgin Australia, Tigerair), Tigerair achieved the second lowest level of on-time departures for 2012–13 at 79.6%, a significant drop from 2011 to 2012 figure of 89.5%, but ahead of Jetstar at 75.6%.
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