tip off

Virgin’s $1 acquisition of Tiger changes the game

Virgin is doubling down on its low-cost carrier, just as Singapore Airlines devotes all its attention to killing Jetstar in Asia.

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Capacity crunch: will cutting flights pull Qantas out of its spiral?

Qantas’ decision to abandon its domestic capacity goal is a landmark in the recovery of the airline. CEO Alan Joyce is trying to stem losses in an unsustainable industry war.

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As Abbott cuts Qantas adrift, look to the airline share registers

For all the gnashing of teeth and exhortations to action, the government has done very little about Qantas — other than allowing Virgin to unfairly stack the deck.

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Virgin’s blues no match for the deterioration of Qantas

Virgin released its own set of bad numbers today — but the spotlight continues to shine on a Qantas in crisis.

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Foreign airlines snaffle an extra 3.88% of Virgin for $51.6m

Is foreign investment the evil it is made out to be? You’d be surprised at how many companies rely on it for capital raising.

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Qantas’ playing field isn’t level — it has poor managers running it

Qantas should have a much stronger balance sheet than it has, writes Crikey’s aviation expert writes. So why is the airline in crisis? Most of the cuts are self-inflicted.

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Crikey Blogs | COMPANIES|

Sabre shutdown hits Virgin Australia where it hurts

Virgin Australia’s Sabre booking system was only down for two hours yesterday, but it ground the entire network to a halt. Ben Sandilands explains why the system should be junked.

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Crikey Blogs | COMPANIES|

On Tiger, Virgin and the burning questions about future of low fare air travel

There is much uncertainty about where low fare airlines are headed in Australia even though it is closing in on nine years since Jetstar started services as the first such carrier, writes Ben Sandilands.

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Virgin grabs a Tiger’s tail to bite Qantas

Virgin Australia will swallow low-cost operator Tiger, the company has announced, in a deal that takes the fight up to Qantas like never before.

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Crikey Blogs | COMPANIES|

Virgin Australia buys controlling share of Tiger, gains second brand

Virgin Australia’s purchase of control of Tiger Australia sets the scene for the company’s second low cost brand. Tiger will be managed as a standalone entity with separate board and management, writes Ben Sandilands.

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Crikey Blogs | COMPANIES|

Etihad’s Garuda deal a strategic issue for Australian carriers

In a reminder that Indonesia is much more than Bali, Etihad has stitched up a deal with Garuda that could also stitch up Qantas, Jetstar and Virgin Australia, writes Ben Sandilands.

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Crikey Blogs | COMPANIES|

A380 wake incident near Bali under investigation

A safety investigation into the flight of a Virgin Australia 737 that encountered wake turbulence from an A380 as it approached Bali this month has been launched by the Australian Safety Transport Bureau.

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Crikey Blogs | COMPANIES|

The missing issue in the Qantas-Emirates partnership

Concerns Virgin Australia have raised with the ACCC over an application by Qantas for approval of its proposed partnership with Emirates are a reminder that the plan raises questions outside the scope of the powers of the competition authority to assess, writes Ben Sandilands.

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Virgin says no … Global Mail redesign … ABC totalitarianism …

From the Crikey grapevine, the latest tips and rumours …

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Virgin profit shows airlines are flying different routes

Virgin Australia’s return to full-year profits disappointed the market in early trading. But it also underlines the markedly different flight paths now being flown by Australia’s two major airline groups.

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Crikey Blogs | COMPANIES|

Virgin Australia CEO: ‘no talk of a line in the sand’

Interviewed on ABC’s Inside Business program, Virgin Australia CEO John Borghetti said that capacity should be a consequence of strategy rather than a strategy itself, reports Ben Sandilands.

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Virgin and ‘Emiratichokers’ advance on Qantas

Virgin and ‘Emiratichokers’ are advancing on Qantas’ patch — sparking a price war.

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Crikey Blogs | COMPANIES|

Tiger Airlines’ David v Goliath battle for low cost fares

The message from Tiger Airlines and CEO Andrew David is clear: we’ll lose money if we need to, for as long as necessary. It’s not a message Qantas or Virgin Australia want to hear, writes Ben Sandilands.

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Qantas pleads for govt protection from the Joyce discount

Qantas’ latest demand for protection is an old trick from an airline bereft of ideas.

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Qantas at acute risk of sharemarket raid

The last time calls for direct government invention to save an airline were voiced in Australia was after the collapse of Ansett on September 14, 2001.

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The $450m downgrade that sent Qantas shares diving

Qantas shares went into a power dive to a record low of $1.20 in early trading this morning after it slashed its profit guidance as much as 90%.

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Crikey Blogs | COMPANIES|

Qantas v Virgin: bad rhetoric but good enticements

Qantas and Virgin Australia customers have reason to feel bemused by the rhetoric coming out of both companies about what they are going to do to each other and for business travellers, writes Ben Sandilands.

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Qantas arcs up at Virgin’s restructure plan

Qantas has lodged an objection against Virgin Australia’s plan to restructure its operations to take on board new stakeholders.

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Crikey Blogs | COMPANIES|

Virgin Australia goes happy hours for the cheap seats

Virgin Australia did more than launch a class war with its nation wide business class, but a drinks war, with free alcohol for the cheap seats, writes Ben Sandilands.

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One last pitch to avoid the carbon reality

For much of the past decade, and particularly the last three years, the cheapest and most effective means of reducing carbon liability has been to try and avoid it altogether. Some are still pushing for it, says Giles Parkinson.

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