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AeroTime Team
Virgin Australia reports loss for 7th year in row, plans job cuts

Virgin Australia Group, the parent company of the second largest airline in Australia, has reported $315.4 million loss within the last year, making it the seventh consecutive year of losses. To deal with increasing “headwinds”, such as rising fuel prices and currency exchange rates, the company is continuing with cost savings that include 750 job cuts. ...


Ruta Burbaite
‘Flymaybe’ no more: Flybe set for Virgin-led makeover

Once written-off as another European airline headed for collapse, the struggling British regional airline Flybe finally has the go ahead for new ownership. Virgin Atlantic’s Connect Airways (UK) has received approval by the European Commission to acquire and merge with the carrier and Stobart Air (Ireland). The Virgin-led consortium hopes the takeover will secure a better future for the airline, including improving its image: Flybe has been...


Clement Charpentreau
EU clears acquisition of 31% of Virgin Atlantic by Air France-KLM

The joint venture of Air France KLM, Delta Air Lines and Virgin Atlantic pose no threat to competition within the European Economic Area, authorities find....


Ruta Burbaite
Virgin Australia completes major biojet trial at Brisbane airport

 With the completion of a major biofuel trial at Brisbane Airport (BNE), Virgin Australia and its partners just became the first to supply renewable jet fuel into a commercial airport infrastructure in the country....