Administrator EY Australia announced on Tuesday evening that the airline will be bought by American firm Air T, a deal which had been all but confirmed by reporting in the Sydney Morning Herald earlier this week.
Official BITRE figures released for last financial year showed that Qantas Group beat Virgin Australia overall on both on-time arrivals and on-time departures, but that Virgin had the highest completion rate of the major airlines.
Flight JQ88 took off from Newcastle shortly before 10am on Tuesday aboard the A321neo LR VH-OFL, having landed as JQ89 from Denpasar just after 7:30am. Flights will operate three times per week, bringing more than 70,000 seats per year between Bali and…