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The problem this creates for Qantas is that if market demand is not strong enough to fill those additional 3 million seats (2 million from Qantas and 1 million from Virgin) this leads to excess supply, which results in lower average airfares. As
It is possible the accusation defames the credibility of the Virgin board and management, who have a duty to look after the interests of shareholders and uphold competition law and not to engage in predatory pricing behaviour. Virgin is also mulling
Australia will set up a new Adelaide base for cabin crew, bringing about 80 jobs to South Australia. Virgin Australia chief customer officer Mark Hassell says the move highlights Adelaide as an important market for the airline's domestic operations. "
Australia has fallen into the red, recording a loss of nearly $100 million after $22 million profits last year. Wall St as fears of an imminent strike against Syria receded. THE dollar is down as solid US data raised expectations the Fed will scale
The company on Friday reported a net loss of $98.1 million for the year to June 30, compared with a $22.8 million profit the previous year. The result was in line with guidance for a $95 million to $110 million loss. The company said a difficult
The airline had struggled for 15 months to get Mr Taleski to comply with the company's personal grooming manual, The Look Book , before sacking him in October 2011. But Mr Taleski provided medical evidence to the Fair Work Commission to show that he
Is there one thing you’ve always wanted to own, but couldn’t really afford? Well…for my wife it has always been ‘a red mini.’ So seven months ago, with money very tight for both of us, I started saving
The documentary, slated to air on Showtime later this month, follows the Wilson family, American Evangelical Christians who believe not only in waiting until their wedding night to have sex, but even to share their first kiss. "Virgin Tales" focuses
Australia flight with 91 people aboard was forced to land because it was running out of fuel. Flight VA 1384 from Brisbane to Adelaide, on June 18, had less than 800kg of fuel when it landed at Mildura after an aborted attempt due to heavy fog.
As the disappointing figures were announced, chairman Martin Gilbert quit after 28 years in charge a year more than Manchester United boss Sir Alex Ferguson, who retired on Sunday. FirstGroup also announced a £615million rights issue the selling of