The Australia Desk

Episode 59: Virgin Blue Fund Raising while Steve’s in the USA with the Geeks


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Grant’s still flying solo today as Steve’s in the USA and recording live with the Geeks. Meanwhile, here’s a couple of articles for you:

  • Virgin Blue obtain more capital through a successful share offer that raised $133 million from institutional investors. Not bad given their recent bad news when a tire fell off a Virgin Blue 737 and CEO Brett Godfrey has announced he will retire in a year.
  • V Australia announces they are introducing new cheap one-way fares between LAX & Australia but will the USA allow visitors to come in without a return ticket.
  • Qantas vows to slug out the fare war that is developing over the Pacific and will also delay their fourth A380.
  • Complaints drop as Tiger Airways listens to customers

...more
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The Australia DeskBy Southern Skies Media