Virgin Australia has gone into administration

Virgin Australia, an Australian airline who has hubs in Sydney, Melbourne and Brisbane has gone into administration after months of struggles. Several airlines, including Qatar Airways and Singapore Airlines, have a potential interest in the airline. This is bad news for the airline, but it is not the only airline in financial difficulties. City Jet (an Irish ACMI provider) and South African Airways are also nearing collapse. Who would have thought that a flag carrier would be in this kind of a situation? All I can say is… let’s hope for the best, but these are not good days for the aviation industry. 20th of April 2020.

Virgin Australia has gone into administration.

South African Airways is also in BIG trouble.

City Jet has gone into examinership (a process in Irish law that assists a company in difficulty).

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