Virgin Atlantic could plant a virtual foot back into the Australian market under a codeshare agreement on Virgin Australia's Hong Kong flights.
The Branson-backed British airline left the local skies in May 2014 when it pulled the plug on Sydney-Hong Kong flights.
Virgin Australia launched flights between Melbourne and Hong Kong in mid-2017 and is now eyeing Sydney or Brisbane for an additional Hong Kong route by the end of 2018.
If approved, the codeshare agreement would allow Virgin Atlantic passengers to make a single booking to travel from London to Hong Kong to Australia. This could also see Virgin Australia passengers able to book codeshare travel on Virgin Atlantic's Hong Kong to London Boeing 787.