Virgin buys Tiger for $1

Find out the latest news from Australia’s airlines.

Virgin buys Tiger for $1

New routes and air alliances can mean more travel options, so what’s new in the air and on the ground this week?

Virgin buys Tiger for $1

It turns out that $1 can still buy you something! An airline, for example. With plans to buy the remaining 40 per cent, Virgin Australia will take over total control of Tigerair Australia.

Virgin already holds a 60 per cent stake in Tigerair Australia, and will be purchasing the remaining share for $1. Virgin Australia CEO John Borghetti says he intends to bring the airline back into profitability, after Virgin took a $46.1 million hit last year. He also confirmed that the airline’s low-cost business model and the separate Tigerair brand will be maintained.

For more information visit Australian Business Traveller

Cathay Pacific’s 40th

This month Cathay Pacific is celebrating the 40th anniversary of non-stop flying between Hong Kong and Sydney.

The service began when CX101 landed for the first time at Sydney’s Kingsford Smith airport on 22 October 1974. Since then the airline has flown more than 10 million passengers from Sydney to Hong Kong, and beyond.

Beginning with three flights a week between Sydney and Hong Kong, today Cathay Pacific has 28 flights a week and more than 70 per week from around Australia.

To celebrate, all passengers departing with Cathay Pacific from Sydney on Tuesday 21 October were treated to birthday cupcakes at check in, and there was a water cannon saluting the arrival of CX101 from Hong Kong.






    COMMENTS

    To make a comment, please register or login
    MICK
    1st Nov 2014
    1:56pm
    As normal the devil is in the detail.


    Join YOURLifeChoices, it’s free

    • Receive our daily enewsletter
    • Enter competitions
    • Comment on articles