Here’s some additional information about Virgin Australia:
- History: Virgin Australia Airlines, originally known as Virgin Blue Airlines, was founded in 2000 as a low-cost carrier by British entrepreneur Sir Richard Branson’s Virgin Group and Australian investors. The airline aimed to provide a more competitive alternative to established carriers in the Australian market.
- Services: The company offered a range of services catering to different passenger needs. These included Economy Class, Economy X (with extra legroom and other perks), Business Class, and The Business (premium business class). The airline also had a frequent flyer program called Velocity Frequent Flyer, offering various benefits and rewards for frequent travelers.
- Domestic Network: The company had an extensive domestic network that covered major cities and regional destinations across Australia. Popular domestic routes included flights between cities like Sydney, Melbourne, Brisbane, Perth, Adelaide, and Gold Coast, among others.
- International Network: Prior to the COVID-19 pandemic, the airline company also operated a limited number of international flights. The airline served destinations in New Zealand, the Pacific Islands, and some Asian countries. However, the pandemic significantly impacted the international operations of the airline.
- Virgin Australia Group Restructuring: In April 2020, the airline company entered voluntary administration due to financial challenges worsened by the pandemic. The airline underwent a restructuring process, which resulted in new ownership and changes to its operations. Bain Capital, an American private investment firm, acquired Virgin Australia, and the airline reemerged with a revised business strategy.
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