Category: Australia

Despite concerns the bondholders presently have a “barely arguable” case against Velocity, the Federal Court granted leave to join the frequent flyer program to the Virgin class action.

In its latest Domestic Airline Competition report, the consumer and competition watchdog found average airfares went up 13.3 per cent across all major city routes from Rex’s collapse at the end of July to September, with Qantas Group and Virgin now fly…

$80 million in financing will be provided to keep the business and its regional services afloat as EY Australia continues to search for a buyer, with the administrator applying to the Federal Court to extend the voluntary administration to 30 June 2025.