Virgin Australia has received a $336 million boost to its balance sheet after completing the partial sale of its Velocity Frequent Flyer program. The deal to sell a 35 per cent stake in Velocity to investment firm and fund manager Affinity Equity Partners that was announced in August has been concluded, Virgin said in a
Cairns has joined the list of ports to say goodbye to Qantas Boeing 767-300ER services. The last Qantas 767 flight from Cairns left the North Queensland tourist spot on Tuesday October 21 when QF925 operated by VH-OGI departed for Sydney at 1206 local time. Cairns-based ARFF fire trucks gave VH-OGI, which was delivered to Qantas in August 1991,
Despite a strong improvement in on-time performance from Virgin Australia, Qantas and Regional Express (Rex) have maintained their position as the nation’s most punctual airlines. Figures from the Bureau of Infrastructure, Transport and Regional Economics (BITRE) showed Rex led all Australian airlines for on-time departures in September, with 90.4 per cent of its flights pushing
As the ski season ends and summer approaches, work has begun on Queenstown Airport’s new international terminal. The project is expected to increase terminal space at the airport’s southern end by a third, adding 4,080 square metres of extra floor space and allowing Queenstown to double its international operations. The outer shell was expected to
Forty years ago, a Cathay Pacific Boeing 707 took off from Hong Kong’s Kai Tak Airport bound for Sydney. When it landed some nine hours later on October 22, 1974, it marked the start of Cathay’s 40-year unbroken run of service between the NSW capital and Hong Kong. In that time, the Hong Kong flag
Qantas chief executive Alan Joyce says his airline’s upgrade of business class seats across its Airbus A330 fleet has forced rival Virgin Australia to “scramble” to keep up. Although Virgin was first to unveil its new business suite at a presentation in Singapore in September, the John Borghetti-led carrier’s first flight with its B/E Aerospace
