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Category: Aviation

 

Virgin Australia goes into Administration

https://www.smh.com.au/business/companies/virgin-australia-confirms-collapse-appoints-administrators-20200421-p54lnd.html Virgin chief executive Paul Scurrah says the airline presented nine different bailout proposals to the Morrison government to avoid a collapse, with the last seeking just $200 million in fresh capital. But administrator and Deloitte executive Vaughan Strawbridge said on Tuesday that there was already an “extraordinary” amount ofRead More

Regional Express receives Funding

20 APRIL 2020 http://rex.com.au/MediaAndPressClippings/MediaReleaseList.aspx?Site=MC REX SUCCESSFUL IN OBTAINING COMMONWEALTH FUNDING FOR REGIONAL SERVICES Regional Express (Rex) has today signed a Commonwealth Grant Agreement under the COVID-19 Regional Airline Network Support (RANS) program announced by Deputy Prime Minister (DPM), the Hon Michael McCormack, on 28 March 2020. Under the program, regionalRead More

COVID 19 Airline Fiasco

Since – March 2020 – the airlines across Australia have been in a constant demise – it hasnt become any better upto todays date – 20 April 2020 . Governement has helped in certain ways to keep airlines working, but at this stage – Qantas, VIrgin, Regional Express have basicallyRead More