Lessor Chorus Aviation Remarketing Virgin Australia ATRs, Receives Many Rent Relief Requests
Regional aircraft lessor Chorus Aviation Capital is remarketing several aircraft from airlines that have collapsed and has also received temporary rent relief requests from most of its other leasing customers. Three ATR 72-600s repossessed from Virgin Australia are being remarketed,…
Virgin Australia, Alliance Airlines Apply To Cooperate On Regional Routes
Virgin Australia and Alliance Airlines are asking the Australian Competition and Consumer Commission (ACCC) for authorisation to cooperate on regional and short-haul international routes. In their ACCC application, the airlines are asking for permission to “[share] information, including in relation…
QantasLink to Boost Regional Services as Virgin Australia Cuts Back
QantasLink is boosting its regional services to maintain connectivity with regional towns and cities, following Virgin Australia’s announcement that it will exit nine domestic routes. The airline says it will launch a five-times weekly service between Brisbane and Port Macquarie,…
Virgin Australia Axes Regional Routes Following ATR Phase-Out
Under the new ownership of US-based Bain Capital, Virgin Australia will fly a significantly smaller domestic network using an all-Boeing 737 fleet. Virgin Australia says in a statement that it plans to fly just 20 domestic routes across Australia, cutting…
ANALYSIS: Virgin Australia Restructuring Creates Void For New Entrants
Virgin Australia, which is exiting voluntary administration, has confirmed it plans to turn around its business by simplifying its fleet to focus on Boeing 737 operations, which means it will no longer operate ATRs. The airline says in a statement…
De Havilland and Lessor NAC Take Brunt Of COVID-19 Crisis
There has been a sudden flurry of airlines, with regional aircraft in their fleets, going into voluntary administration and the data reveals that this first wave is impacting some aircraft-makers and lessors more than others. The collapse of UK carrier…
