Virgin

Wednesday, September 23

Turbulent flight for struggling airline

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.

Virgin Australia's new owner to axe 3000 jobs, shut down Tigerair

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.

Grounded Virgin jets at Adelaide Airport. Photo: Tony Lewis/InDaily

Virgin files for voluntary administration: reports

UPDATED | Virgin Australia has reportedly filed for voluntary administration as it’s overwhelmed by massive debt brought on by the coronavirus lockdowns.

Govt props up airline routes as Virgin fights to survive

Qantas and Virgin will get federal government backing to operate key domestic routes between major cities and regional centres after coronavirus restrictions crippled the aviation industry.

Virgin Australia set for big annual loss

Virgin Australia is set for a big full-year loss after announcing its restructure will cost as much as $450 million.