News
Qantas, Jetstar workers stood down over lockdowns, border closures
About 2500 Qantas and Jetstar employees will be stood down for two months because of domestic coronavirus border closures.
News
About 2500 Qantas and Jetstar employees will be stood down for two months because of domestic coronavirus border closures.
News
A week after axing its Adelaide to Kangaroo Island route, country airline Regional Express will soon launch Adelaide-Melbourne flights in a bid to challenge Qantas and Virgin Australia on more big-city routes.
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Virgin Australia’s new US owner will slash jobs in a bid to keep the struggling airline afloat. But those familiar with private equity firms know the airline’s future is uncertain even after the pandemic passes, argues Mark Melatos.
About 3000 jobs will go at Virgin Australia under a trimmed-down vision of the carrier, which has been hit by the turmoil in the aviation market caused by the coronavirus pandemic.
Four private equity firms are the leading candidates to buy Virgin Australia, the biggest regional casualty of the coronavirus crisis in the global aviation industry.
Virgin Australia’s administrator says 19 parties interested in purchasing the airline have been granted access to a data room as of May 11.
