"Virgin Blue" redirects here. For the single by Japanese hip-hop group Lead, see Virgin Blue (song).
For the holding company that owns Virgin Australia, see Virgin Australia Holdings.
Virgin Australia
IATA
ICAO
Callsign
VA[N 1]
VOZ
VELOCITY
Founded
29 August 2000; 23 years ago (2000-08-29) (as Virgin Blue)
Commenced operations
4 May 2011; 12 years ago (2011-05-04) (as Virgin Australia)
Hubs
Brisbane Airport (Primary)
Melbourne Airport
Sydney Airport
Secondary hubs
Adelaide Airport
Perth Airport
Focus cities
Cairns Airport
Canberra Airport
Denpasar Airport
Gold Coast Airport
Frequent-flyer program
Velocity
Alliance
None
Subsidiaries
Virgin Australia Regional Airlines
Fleet size
87
Destinations
44
Parent company
Virgin Australia Holdings
Headquarters
South Bank, Brisbane, Queensland, Australia
Key people
Jayne Hrdlicka (CEO)
Richard Branson (co-founder)
Brett Godfrey (co-founder and former CEO)
Revenue
A$5.4 billion (2018) [2]
Operating income
A$109.6 million (2018) [2]
Total assets
A$6.2 billion (2018) [2]
Total equity
A$1.1 billion (2018) [2]
Website
virginaustralia.com
Virgin Australia, the trading name of Virgin Australia Airlines Pty Ltd, is an airline based in Australia. It is one of two active airlines (the other being Virgin Atlantic) to use the Virgin brand, as well as the larger by fleet size. It commenced services on 31 August 2000 as Virgin Blue, with two aircraft on a single route.[3] It suddenly found itself as a major airline in Australia's domestic market after the collapse of Ansett Australia in September 2001. The airline has since grown to directly serve 32 cities in Australia, from hubs in Brisbane, Melbourne and Sydney.[4]
The airline's headquarters is based in South Bank, Queensland. It was co-founded by British businessman Richard Branson (the founder of Virgin Group), and former CEO Brett Godfrey.
In 2011, the airline went through a period of transformation, changing its brand to Virgin Australia.[5] This included the introduction of a new aircraft livery, new uniforms, and new onboard menu options as well as a business class product which Virgin Blue did not have. New wide-body aircraft were acquired to compete with Qantas, and business class was rolled-out across all the Virgin Australia network.[3] In 2019, it was recognised as one of Australia's top 10 tax-dodgers earning $18 billion while paying zero tax.[6]
On 21 April 2020, Virgin Australia Holdings went into voluntary administration, due to the impacts of the COVID-19 pandemic and financial troubles in the years leading up to the pandemic.[7] On 26 June 2020, it was announced that Bain Capital had entered into a sale and implementation deed with administrator Deloitte to acquire Virgin Australia.[8] Creditors agreed to this proposal on 4 September 2020, with the reorganisation and change of ownership completed on 17 November. The airline announced that as part of its relaunch would focus on being a mid-market "hybrid" carrier.[9]
^"System Changes". Virgin Australia. Archived from the original on 27 September 2015. Retrieved 4 January 2013.
^ abcd"FY18 Results Presentation" (PDF). Virgin Australia Airlines. Archived from the original (PDF) on 13 December 2019. Retrieved 11 March 2019.
^ ab"Virgin Australia History". Virgin Australia Airlines. Retrieved 9 April 2019.
^"Virgin Australia Domestic Route Map". Virgin Australia Airlines. Archived from the original on 29 December 2019. Retrieved 10 March 2019.
^"Virgin Blue to relaunch today as Virgin Australia". Australian Business Traveller. 4 May 2011.
^"Australia's top-10 tax dodgers: Virgin Australia". 14 March 2019.
^"Virgin Australia enters voluntary administration". Virgin Australia Newsroom. 21 April 2020. Archived from the original on 20 April 2020. Retrieved 21 April 2020.
^"Bain wins Virgin bid, Cyrus launches broadside". Australian Financial Review. 25 June 2020. Retrieved 26 June 2020.
^"Virgin Australia relaunches as mid-market 'hybrid' airline". Business Traveller. 19 November 2020. Retrieved 14 March 2024.
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