Virgin Australia's plans for 2012
How long do we think it will be before Virgin Australia becomes the flag ship carrier for the nation (Atleast Domestically)
Virgin Australia has announced plans to restructure its business to attract more foreign investment.
Australia's second largest airline will create a separate unlisted international holdings company, Virgin Australia International Holdings, that will hold the company's international airlines and allow it to attract more offshore capital.
Australia's second largest airline will create a separate unlisted international holdings company, Virgin Australia International Holdings, that will hold the company's international airlines and allow it to attract more offshore capital.
So DJ is Australian !!!
Looks like Qantas is on their case
Methinks they would be better off attending to their own back yard ... before attempting to spoil the neighbor's BBQ ! !
Meanwhile Qantas today effectively objected to Virgin Australia's restructuring ambitions by calling on the International Air Services Commission to conduct an inquiry into its plans, Crikey reports. The objection could ruin plans for Virgin Australia to gain more foreign investment capital from carriers such as Etihad.
Read more: Qantas A380 oil leaks blamed on manufacturer 'oversight' | News.com.au
Read more: Qantas A380 oil leaks blamed on manufacturer 'oversight' | News.com.au
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They have shown NO capacity to look after their own backyard, in fact don't they want to burn it to the ground?
You know they are getting desperate when they whinge to the referee because there was one time when they were so strong it didn't matter but now...... they are getting what they deserve with the way they treat staff, customers and the investing public.
You know they are getting desperate when they whinge to the referee because there was one time when they were so strong it didn't matter but now...... they are getting what they deserve with the way they treat staff, customers and the investing public.
The 110 A320s never were in addition to the status quo. Jetstar is a LCC and recycles their fleet before the costs of maintaining it catch up with them.
The A320s are replacements with a marginal capacity growth.
I don't think there ever was a redq.
Divide, confuse and conquer.
The A320s are replacements with a marginal capacity growth.
I don't think there ever was a redq.
Divide, confuse and conquer.
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It seems the restructure has got the go-ahead. Shares up in early trading...
Virgin restructure to go ahead | News.com.au
Virgin restructure to go ahead | News.com.au
peuce said
Looks like QF have no case
Looks like Qantas is on their case
Qantas fails in bid to clip Virgin's wings
Matt O’Sullivan
March 21, 2012 - 12:49PM
The federal government has rebuffed Qantas’s demands for a ‘‘comprehensive public review’’ of Virgin Australia’s sweeping plans to lift the shackles off a foreign ownership cap on its domestic operations.
Qantas last week called on federal aviation authorities to scrutinise Virgin’s corporate split because it believed its rival’s international operations might end up running foul of the Air Navigation Act, which requires foreign ownership to be capped at 49 per cent.
But in a submission released today, the Department of Infrastructure and Transport has bluntly rejected Qantas’s demands and made clear it believes Virgin’s plans comply with the rules needed for it to retain rights to fly overseas routes as a designated Australian airline.
‘‘We do not believe Qantas’s suggestion of the need for a public inquiry is either necessary or appropriate in the context of this application [by Virgin],’’ the department said.
Pehaps the Qantas’s general counsel, is not as smart as the Virgin general counsel