VA ceases international ops, 90% dom reduction
Mar 24, 2020, 5:56 am
#18
FlyerTalk Evangelist
Join Date: Jun 2000
Location: Sunny SYDNEY!
Programs: UA Million Miler. (1.9M) Virgin Platinum. HH Diamond + SPG Gold
Posts: 32,330
Dispute it with your credit card company - that near always works in these situations
An IOU from an airline that will not be flying in 2 months is just that.
As worthless as a politicians promise!
An IOU from an airline that will not be flying in 2 months is just that.
As worthless as a politicians promise!
Last edited by ozstamps; Mar 24, 2020 at 6:01 am
Mar 24, 2020, 11:53 am
#19
Join Date: Feb 2007
Programs: NZ Koru
Posts: 6,415
I was dreading using an online travel agent for this trip, but that has now changed.
Mar 24, 2020, 11:56 am
#20
Join Date: Oct 2009
Location: New York City
Programs: DL DM & 2MM; Marriott Titanium
Posts: 664
Could you please DM me the Expedia email ID you used? I need to get hold of someone at Expedia...been trying for days now, all attempts have been futile.
Mar 24, 2020, 5:32 pm
#21
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 21,035
More VA reductions, as expected
Link---> https://www.abc.net.au/news/2020-03-...-jobs/12087910
ASX link--> https://www.asx.com.au/asx/statistic...idsId=02217996
Edit
This would seem to be the end of Tiger Airlines
https://www.smh.com.au/business/comp...26-p54e23.html
Link---> https://www.abc.net.au/news/2020-03-...-jobs/12087910
Virgin Australia slash domestic capacity by 90 per cent, Tigerair suspends flights, 8,000 jobs to go
Virgin Australia has announced further cuts as the coronavirus crisis continues to savage the airline industry, saying it is reducing its domestic capacity by 90 per cent and standing down 8,000 of its 10,000 staff.
The company said in a statement to the ASX that it would ground 125 domestic aircraft from Friday and all Tigerair Australia services will be temporarily suspended effective immediately.
This change will be in place until June 14.
<snip>
Virgin Australia has announced further cuts as the coronavirus crisis continues to savage the airline industry, saying it is reducing its domestic capacity by 90 per cent and standing down 8,000 of its 10,000 staff.
The company said in a statement to the ASX that it would ground 125 domestic aircraft from Friday and all Tigerair Australia services will be temporarily suspended effective immediately.
This change will be in place until June 14.
<snip>
Edit
This would seem to be the end of Tiger Airlines
https://www.smh.com.au/business/comp...26-p54e23.html
Virgin Australia will make all pilots at its budget arm Tigerair redundant as part of a round of layoffs, which will see more than 1000 workers lose their jobs in the wake of the coronavirus pandemic.
<snip>
<snip>
Last edited by Mwenenzi; Mar 27, 2020 at 1:54 am Reason: Added Tiger
Mar 25, 2020, 4:38 pm
#23
FlyerTalk Evangelist
Join Date: Apr 2001
Location: MEL CHC
Posts: 21,035
Virgin Australia NZ operations
VA has been struggling in the NZ market, even before the AirNZ-VA divorce
https://www.rnz.co.nz/news/business/...undancies-loom
https://www.rnz.co.nz/news/national/...0-jobs-on-line
VA has been struggling in the NZ market, even before the AirNZ-VA divorce
https://www.rnz.co.nz/news/business/...undancies-loom
<snip>
Meanwhile, Virgin Australia expected to wrap up talks with E tū and the Air Line Pilots' Association within 24 to 48 hours.
"We've regrettably had to make one of the hardest decisions anyone would ever have to make - and that is to make our New Zealand-based employees redundant," Virgin chief executive Paul Scurrah said.
"That's the consultation process started today ... we will be consulting with them over the next 24 hours to work out the way this is done."
The airline employs 200 pilots and 340 cabin crew at bases in Auckland and Christchurch.
<snip>
Meanwhile, Virgin Australia expected to wrap up talks with E tū and the Air Line Pilots' Association within 24 to 48 hours.
"We've regrettably had to make one of the hardest decisions anyone would ever have to make - and that is to make our New Zealand-based employees redundant," Virgin chief executive Paul Scurrah said.
"That's the consultation process started today ... we will be consulting with them over the next 24 hours to work out the way this is done."
The airline employs 200 pilots and 340 cabin crew at bases in Auckland and Christchurch.
<snip>
Virgin Australia looks to shut down NZ operations, 550 jobs on line
<snip>
It has been in talks with New Zealand unions today about the proposal.
The airline says it is a priority in order to safeguard its Australian operations, which it is also restructuring as it shuts down all international flights from 30 March.
"Redundancies are going to be inevitable," a spokesperson said.
Even if Virgin restarts trans-Tasman flights on 15 June as planned, it would only use pilots and crew based in Australia, she said.
"At the moment is just too costly to have the New Zealand bases as well," referring to the two bases in Auckland and Christchurch.
<snip>
<snip>
It has been in talks with New Zealand unions today about the proposal.
The airline says it is a priority in order to safeguard its Australian operations, which it is also restructuring as it shuts down all international flights from 30 March.
"Redundancies are going to be inevitable," a spokesperson said.
Even if Virgin restarts trans-Tasman flights on 15 June as planned, it would only use pilots and crew based in Australia, she said.
"At the moment is just too costly to have the New Zealand bases as well," referring to the two bases in Auckland and Christchurch.
<snip>
Last edited by Mwenenzi; Mar 27, 2020 at 1:54 am
Mar 28, 2020, 7:11 pm
#24
Suspended
Join Date: Nov 2018
Posts: 457
no international at all.
So no USA, Asia, NZ or pacific islands. So all widebodies to go.
If Virgin go into admin, can they say to aircraft owners come & get your jets, without any liability ? (think that's what happens in USA under chapter 11)
https://www.stuff.co.nz/business/120...VT7ElccHaX7IRc
Airlines like Fiji air (fj) & air Vanuatu (nf) would have to step up to partially fill the void, as those countries rely on tourism & decreased flights mean decreased revenue for tourism in their respected countries.
If could mean a boom for those airlines.
For Fiji, VA used to fly at least once a day, from BNE, SYD & MEL to NAN & back.
FJ have previously flown to ADL, CBR & OOL & could reopen those ports possibly on a twice a week basis.
NF have new A220s which would mean they could fly thin routes, that might not suit a 738. Not sure how often VA flew to VLI.
You’d think that these airlines, being govt owned(50.1% I think at least) & controlled, would almost run at a loss to get tourists coming back.
Fiji departure tax of FJD$200 per adult for stays of 72 hours or more, is a lot when added up, per flight, per week.
Thoughts?
So no USA, Asia, NZ or pacific islands. So all widebodies to go.
If Virgin go into admin, can they say to aircraft owners come & get your jets, without any liability ? (think that's what happens in USA under chapter 11)
https://www.stuff.co.nz/business/120...VT7ElccHaX7IRc
Airlines like Fiji air (fj) & air Vanuatu (nf) would have to step up to partially fill the void, as those countries rely on tourism & decreased flights mean decreased revenue for tourism in their respected countries.
If could mean a boom for those airlines.
For Fiji, VA used to fly at least once a day, from BNE, SYD & MEL to NAN & back.
FJ have previously flown to ADL, CBR & OOL & could reopen those ports possibly on a twice a week basis.
NF have new A220s which would mean they could fly thin routes, that might not suit a 738. Not sure how often VA flew to VLI.
You’d think that these airlines, being govt owned(50.1% I think at least) & controlled, would almost run at a loss to get tourists coming back.
Fiji departure tax of FJD$200 per adult for stays of 72 hours or more, is a lot when added up, per flight, per week.
Thoughts?
Last edited by NWIFlyer; Mar 29, 2020 at 12:01 am Reason: Merge cross posted threads
Mar 29, 2020, 6:25 am
#25
Join Date: Feb 2019
Posts: 40
VA 'owns' 4 of their 5 777-300ERs.
Saying that, it's highly possible VA may end up filing administration in a few months. As a "silver bullet" or "white knight" situation is extremely unlikely.
Which puts their assets (the owned 737s and the 777-300ERs) on the market for a liquidation sale should they file administration. Whilst the leased stuff (other 737s / Tigerair A320s / A330s) are returned to their lessors.
It's possible that new investors may purchase VA's owned 737s to set up a new bare-bones domestic operation to replace VA.
Source: https://inqld.com.au/business/2020/0...scue-in-sight/
Saying that, it's highly possible VA may end up filing administration in a few months. As a "silver bullet" or "white knight" situation is extremely unlikely.
Which puts their assets (the owned 737s and the 777-300ERs) on the market for a liquidation sale should they file administration. Whilst the leased stuff (other 737s / Tigerair A320s / A330s) are returned to their lessors.
It's possible that new investors may purchase VA's owned 737s to set up a new bare-bones domestic operation to replace VA.
Source: https://inqld.com.au/business/2020/0...scue-in-sight/
Mar 30, 2020, 3:16 pm
#28
Join Date: Feb 2019
Posts: 40
LAX was the reported only international route profitable before the COVID-19 crisis, even though it's a Joint-Venture partnership with Delta Air Lines (both airlines split the operating costs and share the profits).
NAN was reported as "high yielding", although not sure if that was profitable.
Rest of the Int'l network was not profitable.
NAN was reported as "high yielding", although not sure if that was profitable.
Rest of the Int'l network was not profitable.
Mar 30, 2020, 5:16 pm
#29
Suspended
Join Date: Nov 2018
Posts: 457
VA 'owns' 4 of their 5 777-300ERs.
Saying that, it's highly possible VA may end up filing administration in a few months. As a "silver bullet" or "white knight" situation is extremely unlikely.
Which puts their assets (the owned 737s and the 777-300ERs) on the market for a liquidation sale should they file administration. Whilst the leased stuff (other 737s / Tigerair A320s / A330s) are returned to their lessors.
It's possible that new investors may purchase VA's owned 737s to set up a new bare-bones domestic operation to replace VA.
Source: https://inqld.com.au/business/2020/0...scue-in-sight/
Saying that, it's highly possible VA may end up filing administration in a few months. As a "silver bullet" or "white knight" situation is extremely unlikely.
Which puts their assets (the owned 737s and the 777-300ERs) on the market for a liquidation sale should they file administration. Whilst the leased stuff (other 737s / Tigerair A320s / A330s) are returned to their lessors.
It's possible that new investors may purchase VA's owned 737s to set up a new bare-bones domestic operation to replace VA.
Source: https://inqld.com.au/business/2020/0...scue-in-sight/
Mar 30, 2020, 5:20 pm
#30
Suspended
Join Date: Nov 2018
Posts: 457
There seems to be some good news re the possible use of existing malaria, HIV & other drugs to "control" Corona.
It might end up being just another flu like virus.