The latest breaking news, comment and features from The Independent. Photo: paullymac via Wikimedia Commons Bain Capital was due to give a media conference on Wednesday, but that fell through. An American private equity company is likely to purchase Virgin Australia after a rival bidder pulled its offer for the crippled airline. Virgin Australia paid Sir Richard big bucks to continue use the Virgin brand name. About 3000 Virgin staff to lose jobs as airline unveils future plans. Virgin entered voluntary administration on Wednesday and is seeking to rapidly recapitalise the airline so it can restart operations as Australia’s second domestic carrier. Australians will have three coronavirus vaccines to choose from next year, Australia's Acting Chief Medical Officer Paul Kelly has claimed. True extent of UK death toll emerges; Scott Morrison talks with Bill Gates about WHO; Third death at Sydney nursing home. Virgin Australia flight cancellations. Now we have a new vision: to revolutionise air travel again, this time across all market segments. Qantas 2:22pm Nov 11, 2020 Virgin Australia's CEO resigns from airline Administrators formally sold Virgin Australia to Bain Capital after a second meeting of creditors was held in September. Latest Stories. The sale of failed airline Virgin Australia edged closer today, after a small group of "well-funded" investors were shortlisted. Virgin Australia will become a "mid-market" airline complete with three levels of in-cabin seating under a new plan unveiled by the airline's new CEO. Virgin Australia says it will double domestic capacity by early July as state border restrictions ease and demand grows, joining rival Qantas in adding a significant number of flights. Virgin Australia in crisis talks over fate of airline; NRL CEO Todd Greenberg stands down; NZ to ease lockdowns; Myer rehire 2000 staff. An online portal for press releases, breaking news and media from Virgin Australia Hong Kong (CNN Business) Virgin Australia has collapsed into administration, one day after billionaire founder Richard Branson made a last-ditch … January 18, 2021 10:46 . Virgin Australia will return to the skies as a smaller, low-cost Queensland carrier following a dramatic twist in its sale. by Olivia Kruimel. If you board one of the few Qantas domestic flights in Australia, you won't have a neighbour. Both airlines have struggled to cope with an unprecedented downturn in domestic travel and bans on international travel due to the pandemic. Struggling airlines Qantas and Virgin Australia are on the cusp of boom time with news a coronavirus vaccine is close, an aviation boss has predicted. CANBERRA: Virgin Australia announced on Tuesday it had entered voluntary administration, seeking bankruptcy protection after a debt crisis worsened by the coronavirus shutdown pushed it into insolvency. A public health alert has been issued in Queensland after a man, believed to be a fruit picker, travelled on two domestic Virgin flights before testing positive for COVID-19. Virgin entered voluntary administration on Wednesday and is seeking to rapidly recapitalise the airline so it can restart operations as Australia’s second domestic carrier. A Virgin Australia flight bound for Canberra is forced to return to Adelaide Airport, following a mid-air medical emergency involving a crew member. Virgin Atlantic and Virgin Australia will need government support if they're to survive the economic crisis triggered by the coronavirus pandemic. Virgin Australia is preparing to go into voluntary administration, unable to survive under the weight of enormous debts and starved of cash by the coronavirus travel shutdown. Virgin Australia is set to soar again, this time under the ownership of US-based global investment giant Bain Capital, which will pay a multi-billion dollar bounty to buy the airline, bail out its debt and reboot the challenger onto a new course. Virgin Australia chief executive John Borghetti will not renew his contract post January 2020, giving the company ample time to recruit an incoming CEO. Fears Australians will be unable to fly if no competition forces prices to skyrocket. The airline has introduced a range of new measures to keep passengers safer as the rate of community transmission grows in Victoria. If Virgin Australia is forced to go into voluntary administration, it could cost 16,000 people their jobs, Labor claims. Discounted Virgin Australia Lounge Memberships and offers year-round. Support us ... Virgin Australia serves instant noodles to business class passengers. By 9News Staff . The coronavirus pandemic is responsible for the worst aviation crisis imaginable but Virgin will continue to operate, CEO Paul Scurrah says. Moksha Watts will join Virgin Australia as Chief Corporate Affairs Officer on 1 March 2021. Advertisement: The decision leaves the Cook Islands market to Air New Zealand and potential startup airline Pasifika Air. Given the airline doesn’t currently fly there, that’s not exactly news. Virgin… Australia's struggling major airlines have waded into the Queensland border dispute, launching a public campaign to lift restrictions to save the struggling tourism industry. Perth Airport officials and Virgin Australia are locked in a stand-off, with a bulldozer blocking in one of the airline's jets. Jetstar – operated by rival airline Qantas – now remains the only low-cost carrier operating out of Australia. Fully fund employee entitlements Struggling airlines Qantas and Virgin Australia are on the cusp of boom time with news a coronavirus vaccine is close, an aviation boss has predicted. Virgin's administrators have taken control of the company and will try to work out a way to save either the company or its business. Virgin Australia has entered voluntary adminstration as the coronavirus crisis continues to devastate the global travel industry. News & Advice. “Several of the new appointments replace contractors or … Virgin Australia is expected to go into voluntary administration after state government crisis talks failed to raise enough money to keep the airline flying. Mr Marr has spent the […] Virgin Australia’s headquarters are in Brisbane. Administrators have formally sold Virgin Australia to US Private equity firm Bain Capital after a second meeting of creditors was held this morning. Administrators formally sold Virgin Australia to Bain Capital after a second meeting of creditors was held in September. 2020-09-04T07:24:00Z. January 12, 2021 Australian airports could reportedly shutdown indefinitely as major ground operations company Swissport considers dramatically cutting staff and liquidating assets. Virgin Australia airline seeks bankruptcy protection 22 Apr, 2020, 12.30 AM IST. Virgin, like Qantas, pulled down the shutters on its lounge network on March 23 in accordance with broad-ranging Federal Government restrictions that also locked down indoor venues such as cafes, restaurants and bars, pubs and clubs, gyms … It employs around 10,000 staff directly and indirectly provides employment for 6,000 more. Virgin Australia has lured some high-profile executives to form a team that boss Jane Hrdlicka says will be hard to beat and will make the airline Australia’s most loved. If you are … It was mostly a domestic carrier, but also flew to New Zealand, Bali, Fiji, Tokyo and Los Angeles. Previously the airline only required the use of masks on flights leaving Victoria, as per government regulations. Save 10% on select domestic and international flights. Virgin Australia has unveiled plans for its future under new owners Bain Capital. Queensland's decision to open its borders to all of New South Wales and Victoria will trigger a wave of passenger jets, travellers and cash into the state. Receive monthly progress reports from a dedicated account management team. Virgin Australia is offering Velocity Frequent Flyer members a slice of 20 million velocity points. Virgin Australia has told staff about 400 Queensland roles will be made redundant as part of the airline's restructure. Virgin Australia will reportedly collapse into voluntary administration after the embattled airline failed to find a financial backer. Move will create jobs and bring extra flights to the state's key regional areas, Cameron Dick has said. The US private equity firm set to become the new owner of failing airline Virgin Australia said it intends to protect as many jobs as possible. Photo / 123rf news.com.au If you choose not to accept cookies, please refrain from using the Virgin Australia website. Parent company Virgin Australia decided to permanently rest the brand, leaving Australia with just one low-cost airline. Contact us to make a booking, manage your booking, or find out information about Virgin Australia. China hits back at Australia over virus enquiry; NSW schools return date announced; 700 cases of COVID-19 left in Australia; Virgin Australia bidders want stricken airline; Aussies conned by pandemic puppy scam. The frequent flyer... Velocity Frequent Flyer members invited to claim their share of 20 million Velocity... Lisa Burquest, Chief People, Safety and Sustainability Officer, The a2 Milk Company... Virgin Australia announces change fee-free flights for bookings made on or before 31... Velocity Frequent Flyer Discover Gold Status offer extended until 4 January 2021... Virgin Australia has today announced the introduction of a new Regional Fares Program... 09 December 2020: Virgin Australia Group has announced it has reached an agreement with... • Virgin Australia rewards Velocity Frequent Flyer members for their loyalty and... • More than 60,000 fares from just $75 will go on sale today (Thursday) from 11am-11pm... • Virgin Australia flights from Victoria and New South Wales to Queensland near... • Resumption of interstate services between Melbourne-Gold Coast and Melbourne-Sunshine... Velocity Frequent Flyer gifts members 20 million points. Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka. The move came after the Australian government refused Virgin’s request for a 1.4 billion Australian dollar ($888 million) loan. It was mostly a domestic carrier, but also flew to New Zealand, Bali, Fiji, Tokyo and Los Angeles. I’m hoping for the best outcome for the airline here, as this is an airline I really want to see survive.I love Virgin Australia as such, and even more than that, it’s important for Australia to at least have two semi-global full service airlines. Virgin Australia has today made several prominent appointments in a reshuffle brought on by the Covid-19 pandemic Existing Subscriber? Prior to joining Virgin Australia, Moksha was Vice President, Corporate Affairs and Sustainability at the Arnott’s Group. Bottom line. Virgin Australia had flown about 130 aircraft to 41 destinations. Receive two complimentary Velocity Pilot Gold memberships when reaching $2,000. Leading the pack is David Marr, Woolworth’s chief operating officer, who joins Virgin Australia as its chief financial officer next month. The historic occasion was marked with Brisbane-based flight carrier Virgin Australia taking off from the new runway, with 170 passengers onboard a flight to Cairns. 12:31pm Aug 5, 2020. While no Virgin Australia international flights presently operate, some people hold tickets for travel purchased before the downturn and subsequent route suspensions. Virgin Australia announces Executive Leadership Team... Virgin Australia extends free booking flexibility for... Virgin Australia expands Velocity Frequent Flyer status... Virgin Australia launches fares program for residents in... Virgin Australia Group restructures Boeing 737 MAX order, Virgin Australia goes one better on frequent flyer offer. by Greg Rose. Virgin Australia has extended fee-free booking flexibility for travel until June 30 in a bid to give customers spooked by Australia’s domestic border closures more peace of mind. Virgin Australia 737 business class. Virgin Australia Blog posts.Virgin Australia Blog posts.Virgin Australia Blog posts.Virgin Australia Blog posts.Virgin Australia Blog posts. Market performance, analysis and stories on Virgin Australia Holdings Limited ASX: VAH. Travellers who have tickets with Virgin Australia are expected to be given credit to use with them until the middle of 2023. The increased flexibility — the airline had previously offered it for travel until March 31 — is available for bookings made by March 31 under a revised […] To improve your experience. The increased flexibility — the airline had previously offered it for travel until March 31 — is available for bookings made by March 31 under a revised […] Virgin Australia. Contact us to make a booking, manage your booking, or find out information about Virgin Australia. Ground staff, cabin crew, baggage handlers and pilots are among hundreds of workers managing crowds, distributing food and co-ordinating fresh-air breaks for returned travellers. Virgin Atlantic and Virgin Australia will need government support if they're to survive the economic crisis triggered by the coronavirus pandemic. Virgin Australia will give away 20 million free Velocity points in an attempt to incentivise travellers to book flights as state border restrictions are touted to ease over the coming week. Velocity Frequent Flyer members invited to claim their share of 20 million Velocity Points Related Topics Virgin Australia unveils future direction. Virgin Australia is offering Velocity Frequent Flyer members a slice of 20 million velocity points. Your web browser is no longer supported. Virgin Australia said in a statement they are yet to receive a formal complaint about Ms Bampton's experience, but are trying to contact her. Andrew Forrest and Richard Branson are a colourful pairing as Virgin Australia suitors – but Branson has $200 million reasons to talk to all comers. The future of Virgin Australia remains in limbo, after the Federal Government held firm against Virgin Australia’s pleas for a $1.4 billion bailout despite the airline being on the brink of collapse. An aviation analyst has predicted mass redundancies at Virgin Australia and a future where the failed airline has even less frills than Jetstar, the Qantas low-cost carrier. 19 November 2020. US state sues China; 'Record' retail surge before lockdown; Ruby Princess doctor gives evidence; Australia death toll rises to 74. Virgin Australia se joint à Aéroplan en tant que nouveau transporteur aérien partenaire Le 19 janvier 2021, Aéroplan accueillera un nouveau transporteur aérien partenaire, Virgin Australia. Western Australian Premier Mark McGowan has announced new flight deals for travel within the state despite no signs of its borders reopening to travellers from other jurisdictions. Branson courts field in Virgin Australia dance. More than 170 passengers and crew on a domestic flight to Melbourne will be allowed to end their self-isolation after two international travellers returned a negative result for their second COVID-19 test. Virgin Australia has lured some high-profile executives to form a team that boss Jane Hrdlicka says will be hard to beat and will make the airline Australia’s most loved. Moksha brings deep experience across the public and private sectors in government, communications, industry and international policy. You can click here to see the rules on what you can and can’t change. News Virgin Australia creditors give green light for Bain sale. You can follow this process to see how to change or cancel your Virgin Australia flights. Virgin announces free flight changes amid snap border closures, Government confirms elderly, sick get virus vaccines first, Flight bungle duo return second negative COVID-19 test, Skies open for cash-starved Queensland tourism sector, What the new Virgin Australia will look like, Aviation boss rubbishes dire outlook, predicts boom time ahead, Virgin Australia's CEO resigns from airline, Qantas, Virgin, Helloworld launch public plea to lift Queensland borders, Breaking news and updates Australia: September 12, 2020, Breaking news and updates Australia: September 11, 2020, Budget carrier Tigerair officially shuts down, Virgin slashes regional flights under new owners, Bain Capital becomes new owner of Virgin Australia, Virgin Australia to cut 400 roles from Queensland as part of airline scale-back, Virgin Australia passengers expected to be given travel credits under new owner, Virgin axes Tigerair: What remains for Australia's low-cost airlines, About 3000 Virgin staff to lose jobs as airline unveils future plans, Virgin Australia to encourage all passengers to wear masks onboard flights, Victorian passengers to wear masks on Virgin flights under new COVID-19 measures, Cheap flight deals launched in Western Australia – but borders to remain shut, Queensland's new $1.1b runway opens with stunning air spectacle, Virgin offers 500,000 cut-price fares to Queensland in bid to stir up business, Airline staff enlisted to work in Melbourne's frontline quarantine hotels, Virgin holding 12-hour sale on flights starting today, More 'affordable' flights as new rival takes on Qantas, Virgin, Virgin Australia buyer commits to saving 'as many jobs as possible', American private equity firm likely to buy Virgin Australia after rival bidder pulls out, Virgin Australia to boost domestic flights next month despite administration, Virgin passenger tests positive for COVID-19, Coronavirus updates: Full day coverage of Monday May 18, 2020, Virgin buyers whittled down to secret, deep-pocketed few, Coronavirus updates - Full day coverage of Friday 15 May 2020, Queensland treasurer defends $200m Virgin Australia bid, Calls for Federal Government to consider Virgin bid after Queensland offer, Coronavirus updates: Full day coverage of Wednesday May 13, 2020, Queensland Government announces bid to buy Virgin Australia, Richard Branson to sell Virgin Galactic shares, Mass redundancies after Virgin Australia sale, analyst warns, Regional NSW mayor tips town as new Virgin Australia hub, British Airways on brink of cutting 12,000 jobs, Virgin Australia planes blocked by bulldozers over unpaid debts, Coronavirus updates - Full day coverage of Wednesday 22 April 2020, Australian airports face indefinite shutdown threat over fallout from Virgin collapse, Coronavirus updates - Full day coverage of Tuesday 21 April 2020, Virgin boss declares airline is 'not collapsing' as investors circle, Coronavirus updates - Full day coverage of Monday 20 April 2020, Virgin bailout could cost less than JobKeeper payment, Qantas flights ditch middle seat for social distancing, Virgin offered $200m lifeline from Queensland government, The abandoned Soviet nuclear missile base hidden in a Polish forest, 'Gutted' teammates mourn man killed in shark attack off SA coast, 'Evidence' UK virus variant may be more deadly. 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