Written by Sebastian Powell @ LoyaltyLobby
The fate of Virgin Australia has been sealed and that the airlines new owner will be Bain Capital as the only competing bidder in the process, private equity firm Cyrus Capital has withdrawn it’s bid. The administrators of Deloitte have just confirmed Bain Capital as the new owner and that the company sale will be […]
Tag: Virgin Australia
Delta Giving Passengers What They Want, Don’t Buy These 4 Things At Airports, Hawaii Airports Wasting $36M
Written by SharonKurheg @ Your Mileage May Vary
Hello travel friends and happy Saturday! Here’s a recap of what’s gone on at YMMV this week. From what we’ve written to what others wrote that we really liked and…
The post Delta Giving Passengers What They Want, Don’t Buy These 4 Things At…
Virgin Australia Sets New Summer Schedule, Cancels All Long Haul Flights Until Early August
Written by Sebastian Powell @ LoyaltyLobby
Virgin Australia (currently in administration) has just published their new schedule for the coming two months and while a lot of regional flights are back, their long haul international flights will be cancelled until at least the second week of August. There is one exception though: Since May 16th Virgin Australia is flying once per […]
Virgin Just Can’t Catch A Break
Written by SharonKurheg @ Your Mileage May Vary
It’s tough to be a traveling Virgin nowadays. The Virgin family encompasses over 50 divisions in the entertainment, health/wellness, leisure, money, people/planet/space, telecom/tech and travel industries. In one form or…
The post Virgin Ju…
Virgin Australia Administrators Identified Four Serious Foreign Bidders For Airline Takeover
Written by Sebastian Powell @ LoyaltyLobby
Virgin Australia and their bankruptcy administrators of Deloitte have shortlisted a total of four bidders so far which were classified as serious investors in an effort to sell off the airline in the next few months. All four investors are foreign firms with different backgrounds as far as their usual investment portfolio is concerned, the […]
DLD 291: The Cheese Soup test
Written by Seth Miller @ Wandering Aramean
We’re deep in the throes of learning what requirements will exist for passengers to prove they’re healthy and resume travel. This week’s episode has a very unlikely candidate for one such test.
The post DLD 291: The Cheese Soup test appeared first on W…
Virgin Australia Velocity Redemptions Are Back Online For Domestic Routes – Should You Book Now?
Written by Sebastian Powell @ LoyaltyLobby
Roughly three weeks after Virgin Australia’s Velocity program suddenly froze all points redemptions from members account the program has now come back online for the time being. Members can redeem for a range of domestic flights with Virgin Australia from May 15th as well as Any Seat Bookings with departures from September 1st 2020. Redemptions […]
DLD 291: The Cheese Soup test
Written by Seth Miller @ Dots, Lines & Destinations
We’re deep in the throes of learning what requirements will exist for passengers to prove they’re healthy and resume travel. This week’s episode has a very unlikely candidate for one such test.
Virgin Australia Administrator: Customers Likely Won’t Ever See Their Cash For Cancelled Flights Again
Written by Sebastian Powell @ LoyaltyLobby
Bad news came quickly for customers of Virgin Australia as the administrators of the bankrupt airline have just announced that no refunds for cancelled flights would be forthcoming. Just a week ago administrators have formally stopped giving any credits or refunds for cancelled tickets and they have now clarified that any refund that would eventually […]
Virgin Australia Administrators Have Now Stopped Issuing Credit/Refunds For Cancelled Flights
Written by Sebastian Powell @ LoyaltyLobby
Customers of Virgin Australia might be in for a rude awakening after their flight has been cancelled as the administrators of the pretty much bankrupt airline have now formally stopped giving any credits or refunds. Virgin Australia entered voluntary administration two weeks ago, trying to restructure the company that is burdened with more than A$5 […]
COVID Casualties
Written by Patrick @ AskThePilot.com
Predictions, Observations, and Farewells Amidst Coronavirus.
Volume 1: Politics, Disaster, and Springbok Goodbye.
The post COVID Casualties appeared first on AskThePilot.com.
Read MoreDLD 289: Regional consolidation
Written by Seth Miller @ Wandering Aramean
Is it time for airports to join the consolidation game? We talk a lot about airlines and mergers (and bankruptcies these days) but airports might also benefit from joining forces.
The post DLD 289: Regional consolidation appeared first on Wandering Ara…
DLD 289: Regional consolidation
Written by Seth Miller @ Dots, Lines & Destinations
Is it time for airports to join the consolidation game? We talk a lot about airlines and mergers (and bankruptcies these days) but airports might also benefit from joining forces.
Airlines are struggling to stay afloat during the pandemic
Written by From the Newsroom @ Mighty Travels
Following the news and updates around the COVID-19 pandemic, many airlines were forced to suspend or reduce their daily operations. We have the latest information from airlines and hotels all around the world. Unfortunately, many airlines are struggling to stay afloat during the pandemic with Virgin Australia being forced to file for voluntary administration. Virgin […]
The post Airlines are struggling to stay afloat during the pandemic appeared first on Mighty Travels.
Read MoreVirgin Australia Restructuring Begins
Written by John Ollila @ LoyaltyLobby
Virgin Australia entered voluntary administration on Tuesday morning, trying to restructure the company that is saddled with more than A$5B in debt. The airline hopes to get financial support from State and Regional Governments in Australia while seeking to renegotiate debts and plane leases. The airline also needs an equity injection and is looking for […]
Virgin Australia Velocity Redemption “Holiday”
Written by John Ollila @ LoyaltyLobby
Virgin Australia went into administration this morning, saddled with more than A$5B in debt. Velocity, Virgin Australia’s frequent flier program, has informed its members that all point redemptions have been paused for at least a month (indefinitely if the airline liquidates). You can access Velocity here. Here’s the announcement from Velocity: Date of publish: 21 […]
Virgin Australia Into Administration
Written by John Ollila @ LoyaltyLobby
As we reported last week, Virgin Australia has been trying to find a solution to avert going into administration and has failed to negotiate a bailout deal with the Australian federal and regional governments. Deloitte has confirmed that it was appointed as the administrator and people working on the case. The airline itself hasn’t, however, […]
How We Went On A $25,000 Trip Halfway Around The World For Less Than $1000
Written by joeheg @ Your Mileage May Vary
Instead of thinking about how we’re not traveling right now, I started reminiscing about all the places we’ve been able to visit. If it wasn’t for points and miles we…
The post How We Went On A $25,000 Trip Halfway Around The Wo…
Virgin Australia Slashes Domestic Capacity By 90% & Furloughs 80%
Written by John Ollila @ LoyaltyLobby
Virgin Australia already announced last week that they would end all international flying and slash domestic capacity by 50% (read more here). Unfortunately, that wasn’t enough, and the airline is going to operate only 10% of their regular domestic services through June 14, 2020. Virgin Australia already announced status extension and credits (read more here) […]
Airlines that Suspended or Reduced Operations Because of the Coronavirus
Written by From the Newsroom @ Mighty Travels
On January 30, the World Health Organization declared the coronavirus a public health emergency of international concern. With the Wuhan coronavirus outbreak countries all over the world are taking precautions in order to minimize the risk. Just a few weeks later the World Health Organization declared a pandemic. Following the news, many airlines were forced […]
The post Airlines that Suspended or Reduced Operations Because of the Coronavirus appeared first on Mighty Travels.
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