Virgin Australia
A Virgin Australia Boeing 737 MAX 8 | |||||||
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| Founded | 29 August 2000 (as Virgin Blue) | ||||||
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| Commenced operations | 4 May 2011 (as Virgin Australia) | ||||||
| AOC # | CASA.AOC.0010 | ||||||
| Hubs |
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| Secondary hubs |
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| Focus cities |
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| Frequent-flyer program | Velocity | ||||||
| Fleet size | 99 | ||||||
| Destinations | 40 | ||||||
| Parent company | Virgin Australia Holdings | ||||||
| Headquarters | South Bank, Queensland, Australia | ||||||
| Key people |
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| Founders |
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| Revenue | A$5.4 billion (2018)[2] | ||||||
| Operating income | A$109.6 million (2018)[2] | ||||||
| Total assets | A$6.2 billion (2018)[2] | ||||||
| Total equity | A$1.1 billion (2018)[2] | ||||||
| Website | www | ||||||
Virgin Australia, formerly known as Virgin Blue, is an Australian airline based in Brisbane, Queensland. It is one of two active airlines (the other being Virgin Atlantic) to use the Virgin brand, as well as the larger by fleet size. It commenced services on 31 August 2000 with two aircraft on a single route,[3] before suddenly emerging as a major airline in Australia's domestic market after the collapse of Ansett Australia in September 2001. With the airline's business model incorporating features of both a low-cost and full-service airline, it has since grown to become Australia’s largest domestic airline by passenger market share, as of December 2024. As of June 2025, the airline serves 33 destinations across Australia with its Boeing 737 fleets, operating from its hubs in Brisbane, Melbourne and Sydney, as well as from its secondary hubs in Adelaide and Perth.
The airline also operates a limited number of short-haul international flights.[4] Australian law prohibits majority-foreign-owned local airlines, like Virgin Australia, from operating international flights to and from Australia.[5] However, Virgin Australia evades this law by operating international flights through a controversial 'shell corporation' structure, a practice that is not illegal but has been widely criticised across Australia's aviation industry.[6]
The airline's headquarters are based in South Bank, Queensland. It was co-founded by British businessman Richard Branson (the founder of Virgin Group), and former CEO Brett Godfrey.
In 2011, the airline went through a period of transformation, changing its brand to Virgin Australia.[7] This included the introduction of a new aircraft livery, new uniforms, and new onboard menu options, as well as a business class product, which Virgin Blue did not have. New wide-body aircraft were acquired to compete with Qantas, and business class was rolled out across the Virgin Australia network.[3]
On 21 April 2020, Virgin Australia Holdings went into voluntary administration, due to the impacts of the COVID-19 pandemic and financial troubles in the years leading up to the pandemic.[8] On 26 June 2020, it was announced that Bain Capital had entered into a sale and implementation deed with administrator Deloitte to acquire Virgin Australia.[9] Creditors agreed to this proposal on 4 September 2020, with the reorganisation and change of ownership completed on 17 November. The airline announced that as part of its relaunch, it would focus on being a mid-market "hybrid" carrier.[10]
- ^ "System Changes". Virgin Australia. Archived from the original on 27 September 2015. Retrieved 4 January 2013.
- ^ a b c d "FY18 Results Presentation" (PDF). Virgin Australia Airlines. Archived from the original (PDF) on 13 December 2019. Retrieved 11 March 2019.
- ^ a b "Virgin Australia History". Virgin Australia Airlines. Retrieved 9 April 2019.
- ^ "Where does Virgin Australia fly?". www.virginaustralia.com. Retrieved 27 June 2024.
- ^ "Designation as an Australian international airline - International Air Services Information Memorandum, Australian Government Department of Infrastructure, Transport, Regional Development, Communications".
- ^ Hatch, Patrick (11 January 2021). "Virgin to use shell company loophole to sidestep foreign ownership cap". The Sydney Morning Herald. Retrieved 8 July 2024.
- ^ "Virgin Blue to relaunch today as Virgin Australia". Australian Business Traveller. 4 May 2011.
- ^ "Virgin Australia enters voluntary administration". Virgin Australia Newsroom. 21 April 2020. Archived from the original on 20 April 2020. Retrieved 21 April 2020.
- ^ "Bain wins Virgin bid, Cyrus launches broadside". Australian Financial Review. 25 June 2020. Retrieved 26 June 2020.
- ^ "Virgin Australia relaunches as mid-market 'hybrid' airline". Business Traveller. 19 November 2020. Retrieved 14 March 2024.
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