While Virgin Australia is focused on returning to profitability in the current fiscal year, the airline is also just as determined to maintain its market share goals.
The airline has pledged to work with regulators to address competition concerns over its deal to buy Alliance and announced the launch of a route to Tonga.
Virgin Australia is making major cuts to its domestic capacity as the latest COVID-19 wave causes operational disruption and weakens passenger traffic.
The post-pandemic market share predictions of Qantas and Virgin Australia surpass the 100% mark—and that is before factoring in the growth ambitions of Regional Express (Rex) and the imminent entry of LCC Bonza.
The broader transpacific partnership is particularly crucial for Virgin Australia since it is no longer offering its own flights to the U.S after restructuring in 2020.
The easing of many domestic border restrictions in Australia will give a welcome boost to the local airline industry as carriers ramp up their interstate networks again.
Virgin Australia’s domestic expansion, the addition of Beirut to Swiss’ network, and Volotea’s tender win in Sardinia are among the latest route announcements and services resuming.
Virgin Australia’s new seasonal flights to Launceston, Wizz Air adding connections from Hungary and Romania and Saudia returning to Manchester are among the latest new route announcements and services resuming.