Business
New owners plan to fly slimline Virgin – The Australian Financial Review
Virgin’s Australia’s preferred buyer – US private equity firm Bain Capital – plans to pare back the airline, cut high-end comforts for flyers and relaunch with about half its existing fleet as early as September.
The sale is occurring at a disruptive time for the aviation industry around the world. The COVID-19 pandemic and the subsequent downturn in travel demand has proved the final straw for many airlines …
-
General12 hours agoChildren ‘traumatised’ as wheel flies off speedway car into crowd at Avalon Raceway
-
General19 hours agoFriends of Belgian tourist Celine Cremer missing near Tasmanian waterfall walk renew search
-
Noosa News21 hours agoMatildas midfielder Tameka Yallop requires surgery, all but ruling her out of home AFC Asian Cup
-
General23 hours agoForget “the rules”, pollies should get their snouts out of the travel trough