Business
The return of interstate travel has lifted Virgin’s market share from 20 per cent to 24 per cent, but the industry was still at only 41 per cent of its pre-pandemic capacity, according to a report from the Australian Competition and Consumer Commission.
Business
Queensland-based Alliance Aviation has shown the major airlines how to run a business after posting a record profit, with an increased workforce.
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Nationals leader Michael McCormack has defended government support for Rex as the regional airline prepares to muscle in on lucrative capital city routes.
Virgin Australia’s administrators have revealed there should be eight indicative offers received at the end of business today with “plenty of competitive tension” between them.
Rex Airlines has emerged as a major player in the sale of troubled Virgin Australia.
