Virgin Australia’s reorganization plan under voluntary administration includes mass layoffs, fleet recomposition and discontinuation of its subsidiary Tigerair Australia....

Tigerair Australia, low-cost subsidiary of Virgin Australia, has declared the discontinuation of its brand while the parent company will retain its Air Operator Certificate (AOC) to renew operations when the market recovers....

Regional Express, a domestic airline in Australia, is looking to aim high and compete with Qantas and Virgin Australia for market share in the golden triangle of cities in Australia. Can it possibly do so?...

While the current environment is not particularly investor-friendly, Virgin Australia found its hero. The airline's newest owners, Bain Capital, completed an agreement with the carrier's administrators over the purchase of Virgin Australia....

Virgin Australia administrators announced that two potential buyers remain to compete for the airline takeover, after its collapse in April 2020 amidst the global aviation crisis due to the coronavirus COVID-19 pandemic....

The two Virgin-owned airlines were among those to ask for their respective governmental guaranteed loans. Both were denied, which could indicate that they have little hope in the two companies, which have little profitability to showcase for their flashy brands....

Over the course of its short history, Etihad Airways made a series of investments in various airlines around the world. However, some were less successful than others: but was it a case of a series of unfortunate events or was it a trend?...

Virgin Australia entered voluntary administration on April 20, 2020. The company confirmed the news, stating it was forced to take the step after failing to secure financial aid from the Australian government or other sources amid the global COVID-19 crisis. If it fails to secure fresh funds, the airline risks running out of cash within six months, according to an American credit rating agency. ...

The second airline of Australia, Virgin Australia, is reportedly ready to enter voluntary administration to weigh its options in the future....

Amid the coronavirus COVID-19 crisis, Virgin Australia Group is reducing domestic capacity by 90% on top of the suspension of all international flying announced earlier. The group will ground 125 aircraft starting from the following week, the company announced on March 25, 2020. Tigerair Australia is suspending all domestic operations immediately. ...