Articles tagged “virgin australia”

The European and Chinese backers of travel agency WorldStrides seem to think there'll be a rebound for international student travel. Do they know something we don't?

There have been layoffs, but the slimmed-down CTM is upbeat with its suitable mix of corporate customers and domestic business model. Will the optimism last?

This exit out of voluntary administration is being described as a "resetting" under Bain Capital. Apart from the famous red brand, Virgin Australia stands to be unrecognizable after such a restructuring.

Many airlines will go bust during the Covid-19 recovery. But Virgin Australia may just stick around. The airline has lost a lot of money over the years, but it is based in a robust market and has just one major competitor.

All eyes are on Virgin Australia’s new CEO, Paul Scurrah, to see if he can stem the losses and lead the airline into profitability. Scurrah inherits a very different airline from the one John Borghetti joined eight years ago, but shareholders are keen to see profits and a return on their investment.

Experts were tipping a slow-down in travel in Australia due to the falling dollar and rising fuel costs, but the country’s two main airlines are seeing revenue growth, mostly because they have reduced capacity and halted the price war.

It’s been one of the dirty secrets of the airline business for decades, but the #MeToo movement is now exposing sexual harassment among cabin crew in Australia. Accusations from a leading union have forced the airlines to issue strong denials about systemic problems.