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Virgin also announced it would delay delivery of its first Boeing 737 MAX jet to late 2019 (previously 2018) and slim down the variety of aircraft in its domestic fleet by selling the last six of its Embraer E190 jets.
On the upside, the airline confirmed a mid-year launch for flights to Hong Kong (the Aussie anchor city has not been revealed but we're hearing it will be Melbourne) with "direct flights to mainland China" (Beijing was previously cited by the airline) to follow.
What's your take on those announcements, Virgin Australia's results and its future?
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Virgin Australia - Velocity Rewards
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Qantas - Qantas Frequent Flyer
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Virgin swung to a net loss of $21.5 million in the December half, including the impact of restructuring costs, compared with a net profit of $62.5 million a year earlier.
Underlying profit before tax was $42.3 million, down $39.2 million. Virgin earlier this month posted a 37 per cent fall in second-quarter underlying earnings.
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Originally Posted by E63AMG :
4 services a week in a highly competitive HKG market will not make money or be seen as a credible option with business travellers.
The significant change after connecting to hkg is that VA will be integrated into hna's network. Hna has been running 8 flight from Australia to destinations in China : (Mel + Syd) x (Xi'an+Changsha) x 2. The hkg route can then connect VA to hna's international and intercontinental routes based at hkg. The integration will make the access to ne Asia market feasible -- Singapore is too far and sq has too few destinations in this region. Actually, this will be the first time when an Australia based airline can go deep into China because China doesn't have a Oneworld member.
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Hi Guest, join in the discussion on
What's your take on today's Virgin Australia results and announcements?
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