News Articles for Virgin Australia Holdings

The international owners of Cobham Aviation Services, which is one of the major players in the FIFO charter market in WA, have announced a strategic review that could lead to new ownership.

Every major airport in Western Australia achieved growth in passenger numbers last year, with Broome and Kalgoorlie hitting annual records.

Virgin Australia expects to report a full-year underlying earnings loss of at least $35.6 million and has warned that weaker domestic demand could push that out further.

Virgin Australia has delivered a $54.8 million profit in what the airline called its best first-half result since 2008, though market uncertainty has prevented it from providing any full-year outlook.

Former DP World Australia boss Paul Scurrah has been tapped as the new chief executive of Virgin Australia.

Virgin Australia has reported a full-year loss of $681 million after impairments and tax adjustments, its sixth consecutive year of losses, but the airline is optimistic about delivering a statutory profit in the next half.

Airfares on key international business routes from Perth continue to rise, according to a new report, while Virgin Australia has today unveiled plans to start direct flights between WA and Tasmania later this year.

Virgin Australia chief executive John Borghetti will leave his role in 2020, ending a decade at the company.

Optus has announced it is cutting 400 jobs, in addition to the 200 positions to be lost from its phasing out of the Virgin Mobile brand.

Virgin Australia has confirmed it will remain an ASX-listed company for now as the airline delivered its best half-year financial results in a decade.

Weaker demand for domestic flights has sent Virgin Australia to an annual loss but the airline says a recent improvement in conditions is set to continue.

Virgin Australia is likely to post an annual underlying loss after a subdued domestic travel market and Cyclone Debbie contributed to an increase in its loss for the third quarter of the financial year.

Domestic airfares hit a five-year high in the first three months of the year, as airlines cut back on flights to Western Australia.

Virgin Australia's financial performance has been whacked by leisure and corporate travellers tightening their belts.

Tigerair Australia has permanently and immediately ended all flights between Australia and Bali, after failing to receive approvals from the Indonesian government.

The competition watchdog said today it planned to deny authorisation to a proposed partnership between Virgin Australia Holdings and Alliance Aviation Services because it would lessen competition in the West Australian market.

Virgin Australia has joined rival Qantas in announcing a tough start to the year, with soft demand pushing the number two carrier to a first-quarter loss.

Virgin Australia has announced several new services that will be available next year, including a flight from Perth to Abu Dhabi.

Virgin Australia has posted a full year net loss of $224.7 million, after taking charges related to fleet simplification and other efficiency activities.

Virgin Australia will post an annual loss of $224.7 million due to the impairments and charges it expects to record from its plans to position the airline for future profitability.

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

Virgin Australia plans to raise $852 million and sweep the broom through its operations by cutting its aircraft fleet and workforce.

Australia's second-largest airline, Virgin Australia, is set to be more than one-third owned by two Chinese companies after its biggest shareholder slashed its stake.

China's biggest private airline operator is set to take a 13 per cent stake in Virgin Australia, boosting the Australian carrier's access to the burgeoning Chinese travel market.

Qantas has been brought back down to earth by a major share sell-off in the wake of the airline's decision to axe plans to add flights.

Singapore Airlines could face a battle from a Chinese competitor if it wants Air New Zealand's cornerstone stake in Virgin Australia, according to analysts.

Virgin Australia's ownership is under the spotlight after the airline's biggest shareholder, Air New Zealand, flagged a full or partial sale of its 26 per cent stake.

Listed companies Alliance Aviation Services and Virgin Australia have teamed up to help grow their respective charter businesses in the national fly-in, fly-out market.

Virgin Australia is flying high on the back of 12-year low oil prices and higher domestic airfares.

SPECIAL REPORT: Amid controversy surrounding Roe 8 and the privatisation of Fremantle Port, a shift to an outer harbour in Cockburn Sound is a question of when, not if, according to proponents.

Virgin Australia's new domestic terminal at Perth Airport will become a model for future check-in facilities, with the airline planning to roll out its world-leading technology in place in Perth ac

The state government has decided to maintain regulation of regional aviation at a higher level than had been recommended in a review last year.

There's a good reason Perth Airport seems overrun with people in hi vis - even as the resources sector stalls and new projects are shelved - with flights to key industry destinations still dominating air traffic.

Virgin Australia today announced it would reduce its scheduled flights between Perth and Albany, and Perth and Esperance, from three to two each weekday.

United Arab Emirate's national airline Etihad Airways has commenced daily non-stop flights between Perth and Abu Dhabi.

Qantas has cancelled its direct Perth-to-Johannesburg service after agreeing with carrier South African Airways to terminate its code share agreement.

Alliance Aviation Services has signed a charter flights contract with BHP Billiton Nickel West for a three-year initial term.

In its last move before being disbanded, a research centre has used vital funding from an unexpected source to potentially secure a new future for Western Australia's mallee industry.

Aluminium producer Alcoa of Australia, miner BHP Billiton and national broadcaster ABC have been named the top places to work in Western Australia, according to a survey by recruitment specialist R

Qantas chief executive Alan Joyce has described how the national carrier's $2 billion cost cutting program seeks to strike a balance with its premium airline image and capabilities.