Tag Archives: SYD

QANTAS Link partners with universities for the next generation of pilots

QANTAS Link-Sunstate Airlines Bombardier DHC-8-402 (Q400) VH-QOR (msn 4241) SYD (Keith Burton). Image: 934956.

QANTAS Airways has issued this statement:

QantasLink has announced a new pilot recruitment program designed to provide the best and brightest aviation students with a flying start to their career.

The “Qantas Future Pilot Program” has been designed in collaboration with five universities across Queensland, New South Wales and Victoria, and is open to aviation students at UNSW, Griffith University, University of Southern Queensland, Swinburne University of Technology and RMIT University.

Students will have the opportunity to be mentored by experienced QantasLink pilots throughout their studies, and, if successful through the selection process, will transition to a job at QantasLink straight after graduation.

Based on current university intakes, the program will be open to a potential pool of 300 students each year.

QantasLink Chief Executive Officer, John Gissing, said the Qantas Future Pilot Program is about building the next generation of exceptional pilots from within Australia’s top aviation schools and in return providing students with benefits and placement certainty.

“As the national carrier we have a history of attracting the best and brightest to fly for us. The students chosen for this program will have an enormous head start to their career as a pilot. They will benefit from a direct pathway to Australia’s largest regional airline and access to our experienced pilots throughout their studies,” Mr Gissing said.

“Together with these leading universities, this program will arm high-performing motivated students with the skills needed to transition into an airline and provide them with a platform from which to launch their career as a pilot within the Qantas Group.”

The Qantas Future Pilot Program will see successful students invited to complete an intensive twelve-week Airline Transition Course at the completion of their degree. Once employed, graduates will complete their training under the supervision of QantasLink’s experienced training team and become qualified as First Officers flying the airline’s 74-seat Q400s and 50-seat Q300s. Pilots will later be well-positioned to extend their career with pilot opportunities within the broader Qantas Group of airlines.

The program follows the airline’s recent launch of its Nancy-Bird Walton Initiative, which will see the Qantas Group commit to a 20 per cent intake of women in its 2018 pilot recruitment programs, with the vision for that number to double over the next decade.  By targeting STEM at schools, universities and flying schools the airline will support more girls and women on a path to a career as a pilot within the Qantas Group.

The Qantas Future Pilot Program will launch in January 2018, open to all future and current aviation students at all stages of their degree. Applications are now open and students can visit qantas.com/careers (opens in new window) or their University’s faculty website for more information.

The Qantas Future Pilot Program will complement existing recruitment streams, including as a Direct Entry First Officer, or as a Trainee First Officer.

QantasLink has recruited over 100 pilots in the last twelve months. Qantas has recruited around 200 pilots in the last twelve months, with a forecast for that total to reach 300 pilots by mid-2018.

Copyright Photo: QANTAS Link-Sunstate Airlines Bombardier DHC-8-402 (Q400) VH-QOR (msn 4241) SYD (Keith Burton). Image: 934956.

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QANTAS now has Wi-Fi hardware on 15 Boeing 737-800 aircraft, will live stream cricket matches

QANTAS Airways Boeing 737-838 WL VH-XZJ (msn 39365) (Mendoowoorrji) SYD (John Adlard). Image: 922009.

QANTAS Airways made this announcement:

Customers travelling on QANTAS Domestic aircraft fitted with inflight Wi-Fi will have the opportunity to watch every live game of international cricket played in Australia this season.

As part of the airline’s partnership with Cricket Australia, QANTAS will live stream 75 matches of professional cricket played in Australia including the Commonwealth Bank Women’s Ashes T20 matches, Magellan Men’s Ashes, the Gillette One Day Internationals and T20s, the KFC Big Bash League and Rebel WBBL.

Following a successful customer trial earlier this year, the airline has so far installed next generation Wi-Fi hardware on *15 Boeing 737 aircraft as part of its progressive rollout. Focusing initially on its 737 fleet, QANTAS will begin installation on its domestic Airbus A330s from early next year, with 80 Boeing 737 and Airbus A330 aircraft complete by the end of 2018.

In addition to live cricket matches, a dedicated channel on QANTAS Inflight Entertainment from January will keep fans engaged with cricket content produced by Cricket Australia Digital exclusively for QANTAS, including:

  • Ashes Moments: Memorable performances of the storied rivalry recalled by the men who made them happen
  • Turf Wars: Relive the greatest Ashes series with cinematic highlight reels
  • Invaders: Profiling some of the best Englishmen to plant their bat on Australian soil

The QANTAS system gives customers the ability to stream movies, TV shows, sport, music and news programs – including through content partnerships with Stan, Spotify and Netflix. In an extended deal, Netflix will offer new customers three months of access, while existing Netflix customers can apply the same three month offer to their account. Customers can also stay connected through email as well as social media, watch the latest YouTube clips or shop online.

In addition to customer use, Wi-Fi provides QANTAS crew with real time information that will improve efficiency and the passenger experience. Pilots are able to access detailed live weather, which will help them steer clear of turbulence as well as making better use of tailwinds to reduce flying time. Cabin crew have more options to better manage customers’ onward journeys while still in the air.

* subject to Government approvals and licensing arrangements.

Copyright Photo: QANTAS Airways Boeing 737-838 WL VH-XZJ (msn 39365) (Mendoowoorrji) SYD (John Adlard). Image: 922009.

QANTAS refreshes its brand and livery, unveils the upcoming Boeing 787-9 cabins

QANTAS Airways refreshes its brand and livery

QANTAS Airways (Sydney) has just released this statement and images for its new updated 2016 livery:

qantas-2016-logo

Qantas has revealed an update to its iconic Kangaroo logo as part of preparation for the Boeing 787-9 Dreamliner (below) entering its fleet a year from now.

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The change is only the fifth time the red-and-white image on the tail of Qantas aircraft has been updated since it was first introduced in 1944. The last update was in 2007 to coincide with the introduction of the Airbus A380 to the national carrier’s fleet.

Qantas Group CEO, Alan Joyce, revealed the new design together with the new Business Suites and Economy seats that will feature on the Boeing 787-9 to a hangar of around 1,000 employees and guests in Sydney.

787-9 Business Class Seats:

qantas-787-9-business-seats-qantaslr

787-9 Economy Class Seats:

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“Since the image of a kangaroo first appeared on a Qantas aircraft more than 80 years ago, it’s come to represent the spirit of Australia. When passengers see the Qantas tail at airports around the world, it’s a symbol of home,” said Mr Joyce.

“We wanted to make sure our brand remained familiar but we also wanted it to be more modern and dynamic, like the 787 and like Qantas.

“When we looked at the history, we found that the logo has been updated around the time of a game-changing new aircraft joining the fleet. It’s a tradition that goes back to the Lockheed Constellation in 1947, the Boeing 747-300 in 1984 and the A380 in 2007.

qantas-liveries-through-the-years-qantaslrw

“A fresh brand helps symbolise the new era Qantas is entering as we head towards our centenary. It’s an era of new destinations, new technology and a new standard of service,” added Mr Joyce.

The new design was overseen by Qantas consultant designer, Marc Newson, in partnership with Australian design agency Houston Group.

Marc Newson, who has helped design Qantas’ lounges, the A380 cabin and the iconic Skybed, said:

“Aircraft tails are fantastic canvas to work on and the Qantas logo is one of the most recognisable in the world. This re-design aims to retain the fundamental essence of the flying kangaroo but also move the brand forward.

“This new brand is more streamlined and the shading behind the kangaroo gives a better sense of movement and depth. A silver band now extends from the tail to the rear of the fuselage, to give a more premium feel.

“The typography for the word Qantas, which measures almost two metres high on the 787, has been carefully streamlined. And Qantas will appear on the aircraft’s belly, so you can tell when it’s the national carrier flying overhead,” Mr Newson added.

In another link to the airline’s heritage, the classic winged kangaroo that appeared on tails across three decades will feature under the cockpit window and incorporate the individual name of each aircraft.

The new design will gradually appear across the Qantas network from today, starting with digital assets, signage and advertising. Inventory of other items – such as pyjamas – has been run down in preparation for the new logo. Updating branding on aircraft will be sequenced with scheduled re-paints, to be completed in time for the airline’s centenary in 2020.

The updated brand follows the introduction of new cabin crew uniforms in 2014 and new pilot uniforms, unveiled earlier this year, that roll out today.

qantas-2016-livery-changes-qantaslrw

NEW QANTAS BRAND – SUMMARY OF KEY DESIGN CHANGES ON OUR AIRCRAFT

  • A streamlined Kangaroo on the tail of the aircraft, with shading to give it a sense of depth and movement. The Kangaroo itself has been simplified for a cleaner, more modern look.
  • A silver band has been added to the rear of the aircraft, flowing from the tail through to the rear of the fuselage for a more premium feel and more contrast between the red tail and the rest of the aircraft.
  • A new, slimmer font for the world ‘Qantas’ on the side of the aircraft and the colour made slightly lighter.
  • The word Qantas is added to the belly for increased visibility when aircraft are flying overhead.
    Adding the Kangaroo to the inside curved edge of the wingtips so that they are in-flight and meaning they will also appear in pictures people take out the aircraft windows.
  • Replacing, centring and enlarging the Kangaroo that appears on outboard engine cowls, so that it is more prominent and identifiable.
  • Re-introducing the iconic ‘winged Kangaroo’ that featured on Qantas tails in the 1960s, 70s, and 80s by placing it under the cockpit window and integrating it with the aircraft name currently in this position (note: the actual aircraft names are unchanged).
  • The classic ‘Qantas red’ and white of the fuselage are unchanged.

Top Copyright Photo: QANTAS Airways Airbus A330-303 VH-QPJ (msn 712) SYD (John Adlard). Image: 935336. The pictured VH-QPJ is the first to wear the updated look and arrived at the Sydney base on October 27, 2016.

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Air Austral moves up the last Boeing 777-200LR revenue flight to October 30

Air Austral (St. Denis, Reunion Island) has now scheduled the last Boeing 777-200 LR (Longer Range) revenue flight for October 30 as flight UU202 from Dzaoudzi (Mayotte Island) and Reunion per Airline Route. This was brought forward from May 30, 2016.

Air Austral 2014 logo

Copyright Photo: John Adlard/AirlinersGallery.com. Boeing 777-29M LR F-OLRA (msn 40955) is pictured in action at Sydney.

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Scoot retires its last Boeing 777-200, becomes the first all-787 operator

Scoot (flyscoot.com) (Singapore) as planned, retired its last Boeing 777-200 with the delivery and entrance into revenue service of its latest Boeing 787 Dreamliner (787-8 9V-OFB, msn 37118, named “Lickity-Split”).

The airline becomes the first all-Boeing 787 Dreamliner operator in the world. The airline transitioned to its all-787 fleet in just seven months.

The airline issued this short statement on social media on September 2:

NokScoot logo (large)

With the addition of ‪#‎787LickitySplit‬ to the Scoot family, we are now the first airline to operate an all new Boeing 787 Dreamliner fleet across our network of destinations!

Copyright Photo: Micheil Keegan/AirlinersGallery.com. Boeing 777-212 ER 9V-OTC (msn 28509) taxies at Sydney.

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Virgin Australia to shift its Bali flights to Tigerair Australia

Virgin Australia Holdings Limited (Virgin Australia Group) (Virgin Australia Airlines and Tigerair Australia) (Brisbane) is making moves after it continues to reduce its losses overall.

Virgin Australia is dropping its leisure routes to Bali and Thailand and will replace the service with its lower-cost subsidiary Tigerair (Australia). The company is making this move in order to reduce its international losses that widened in the fiscal year to $69 million (AU).

Virgin Australia will cease flying from Adelaide, Melbourne and Perth to Denpasar, (Bali, Indonesia) in March 2016 and will instead use its no-frills Tigerair subsidiary on those routes.

Virgin Australia on February 1, 2016 is also canceling service to Thailand, where it currently operates the Perth – Phuket route five days a week

Virgin Australia outlined the route changes with this press release:

Virgin Australia logo-2The Virgin Australia Group has announced plans to optimize its international network to deliver improved fleet utilization and meet customer demand on key trans-Tasman and short-haul international routes.

Tigerair Australia:

The Tigerair Australia brand will launch in the short-haul international market with Denpasar (Bali) as its first international destination to enable the Group to better cater to the changing dynamics in the region.

From March 23, 2016, Tigerair Australia will use three all economy configured Boeing 737-800 aircraft to offer the following services to Denpasar (Bali), subject to relevant regulatory and operational approvals being secured:

Adelaide-Denpasar: five return services per week
Melbourne-Denpasar: daily return services
Perth-Denpasar: daily return services
Members of Virgin Australia’s loyalty program Velocity Frequent Flyer will be able to redeem Velocity Points for seats on Tigerair Australia services to Denpasar.

Virgin Australia route withdrawals:

From March 23, 2016, Virgin Australia will withdraw from the following routes:

Adelaide-Denpasar: five return services per week
Melbourne-Denpasar: daily return services
Perth-Denpasar: eight return services per week

The last flights on these routes will operate on March 22, 2016.

From February 1, 2016, Virgin Australia will withdraw from the Perth-Phuket route, with the last flight operating on January 31, 2016.

Virgin Australia will continue to operate to Denpasar from Sydney, Brisbane and Port Hedland.

Virgin Australia route increases:

From October 25, 2015 onwards, Virgin Australia will increase capacity into New Zealand, in conjunction with our alliance partner Air New Zealand. Virgin Australia will also increase capacity to Fiji and the Solomon Islands to meet customer demand.

These increases represent more than 52,000 additional seats on trans-Tasman and Pacific routes during the 2016 financial year.

Additional capacity to be operated by Virgin Australia:

  • Sydney-Christchurch: addition of two return services per week from October 25, 2015
  • Melbourne-Christchurch: addition of one return service per week from November 6, 2015
    Additional seasonal capacity to be operated by Virgin Australia:
  • Brisbane-Auckland: addition of one return service per week between October 26, 2015 and  December 13, 2015, two return services per week between December 14, 2015 and January 24, 2016, and one return service per week between February 29, 2016 and March 27, 2016
  • Brisbane-Dunedin: addition of one service per week from December 18, 2015 to January 22, 2016
  • Brisbane-Wellington: addition of one service per week from December 14, 2015 to January 24, 2016
  • Brisbane-Apia: addition of one service per week from December16,  2015 to January 13, 2016
  • Brisbane-Honiara: addition of one service per week from  June 22, 2015 to January 25, 2016
  • Brisbane-Nadi: addition of one service per week between December 12, 2015 and  January 23, 2016
  • Sydney-Nadi: upgrade of Saturday Boeing 737-800 services to Airbus A330 services from  June 20, 2015 to October 24, 2015 and from December 12, 2015 to January 23, 2016.
  • An additional Boeing 737-800 service will also operate on Saturday December 26, 2015 and Saturday January 3, 2016

These decisions came as the company reported its fiscal year results:

Virgin Australia logo-2

Virgin Australia Holdings Limited (Virgin Australia today reported an Underlying Loss Before Tax of $49.0 million (all dollar amounts are in Australian dollars) for the 2015 financial year, including the impact of 100 per cent consolidated Tiger Airways Australia Pty Limited (Tigerair Australia) performance from October 17, 2014.

Virgin Australia Group Chief Executive Officer John Borghetti said: “The Virgin Australia Group has delivered a significant improvement in performance for the 2015 financial year, which reflects the positive trajectory of the overall business”.

“Over the past financial year, the Group’s Return on Invested Capital has increased from 1.4 to 6.1 per cent. Improving our Return on Invested Capital will continue to remain a strong focus for the Group. I’m pleased to confirm that based on current market conditions, all fundamental business metrics are on track for the Group to return to profitability and report a Return on Invested Capital in line with its cost of capital for the 2016 financial year. The Virgin Australia Group’s current cost of capital is approximately 10 per cent.

“Unit revenue is increasing, unit costs are decreasing and operational performance and customer satisfaction continue to improve.

“Unit cost declines are a result of the Group’s disciplined execution of our $1 billion cost reduction program. The Group has continued to decrease Underlying CASK while investing in the customer experience. Additionally, the full acquisition of Tigerair Australia has given us further capability to lower the Group’s unit costs.

“The Group is ahead of our target of $1 billion of cumulative cost savings by the end of financial year 2017. We are now on track to achieve in excess of $1.2 billion in cumulative cost savings by this date, excluding fuel pricing and hedging benefits.

“The Group’s balance sheet is also in a much stronger position, with the highest ever full year unrestricted cash balance, a $225.8 million improvement in Operating Cash Flow and a 20 per cent improvement in financial leverage on the 2014 financial year.

“I’m pleased to report that we are seeing strong results from the transformation of Virgin Australia Domestic. The business reported an Underlying EBIT of $111.1 million for the 2015 financial year, an improvement of $210.1 million on the prior corresponding period.

“Over the 2015 financial year Virgin Australia Domestic has continued to drive positive yield growth, led the major carriers in On Time Performance and achieved record customer satisfaction with the end-to-end customer experience . Based on results reported to date since financial year 2013 , Virgin Australia Domestic has narrowed the Revenue per Available Seat Kilometre differential versus our major competitor and retained our strong cost advantage. The business is well positioned for future growth.

“Whilst there are challenges on the international front, we are confident with our improvement plan.

“The Group’s unit revenue gains combined with our continued leadership on cost will drive earnings growth going forward. We now have a strong balance sheet from which to execute our strategy and a powerful portfolio of growth businesses in Velocity Frequent Flyer, Charter, Cargo and Tigerair Australia, that will support the Group’s ongoing earnings development and diversification.

“Our people have demonstrated enormous skill and dedication in their disciplined execution of the Virgin Vision strategy”, Mr Borghetti said.

Group Financial Performance

The Group reported an Underlying Loss Before Tax of $49.0 million for the 2015 financial year, an improvement of $162.7 million on the 2014 financial year. Taking into account 100 per cent of Tigerair Australia performance on a like-for-like basis, the 2015 financial year underlying performance represents a $213.0 million improvement over the prior corresponding year.
The Statutory Loss After Tax for the 2015 financial year was $93.8 million, an improvement of $260.0 million on the prior corresponding period.

Return on Invested Capital for the 2015 financial year was 6.1 per cent, an improvement of 4.7 percentage points on the prior corresponding period.

Total Group Revenue and Income increased 10.3 per cent to $4,749.2 million compared to the 2014 financial year, inclusive of $284.1 million of Tigerair Australia revenue since 17 October 2014.

Group Underlying Cost per Available Seat Kilometre (CASK) reduced 6.4 per cent excluding fuel and foreign exchange for the 2015 financial year compared with the prior corresponding period. Virgin Australia CASK reduced 4.6 per cent excluding fuel and foreign exchange over the same period.

Several major cost reduction initiatives contributed to this result, including Airbus A330 fleet rationalisation, sales channel optimisation, insourced line maintenance, major fuel consumption initiatives and savings in procurement.

The decline in oil prices led to a benefit of approximately $60 million for the Virgin Australia Group, compared with the same period in the 2014 financial year, however this was partly offset by the approximately $35 million negative impact of a weaker Australian Dollar on operating costs. The Group derived a hedging benefit of approximately $31 million in the prior corresponding period which impacted the year on year gain. Based on the Virgin Australia Group’s current hedging position and market rates, the Group expects a fuel pricing net benefit of approximately $162 million in the 2016 financial year. However this is expected to be offset by the approximately $99 million adverse impact of a weaker Australian Dollar, resulting in a total expected net benefit of approximately $63 million in the 2016 financial year.

The Group incurred $70.2 million of restructuring and transaction costs during the 2015 financial year as a result of fleet initiatives, costs associated with various transactions and other transformation initiatives. The business also incurred $27.4 million in hedging ineffectiveness costs and time value movement on cash flow hedges.

The Virgin Australia Group finished the year with a total cash balance of $1,028.5 million and an unrestricted cash balance of $718.9 million, up $244.7 million and $177.9 million respectively on 30 June 2014. The Group’s financial leverage ratio improved from 7.5x in June 2014 to 5.9x in June 2015 and is on track to achieve a further 25 to 30 per cent reduction by the end of financial year 2017.

The Group continues to invest in the latest generation of aircraft to support fuel efficiency, operational performance and customer satisfaction. During the 2015 financial year, the Group converted four Boeing 737-800 deliveries for 2016 into Boeing 737-MAX aircraft. Consequently the Virgin Australia Group will now receive 40 deliveries of Boeing 737-MAX aircraft from 2018 onwards.

Segment Performance

Virgin Australia Domestic

Virgin Australia Domestic reported Underlying EBIT of $111.1 million for the 2015 financial year, an improvement of $210.1 million on the prior corresponding period. Operating margins improved from -3.1 per cent to +3.4 per cent.

Revenue increased by 4.8 per cent on the 2014 financial year on capacity growth of 1.3 per cent, driven by growth in the Corporate and Government, Charter, Interline and Codeshare segments. The business remains on track to reach its target of 30 per cent of revenue from the Corporate and Government segment by 30 June 2017.

Virgin Australia Domestic Yield increased by 5.2 per cent compared to the 2014 financial year; driven by success in attracting increased share of higher-yielding market segments.

Virgin Australia Domestic led the major carriers in On Time Performance for the 2015 financial year, achieving 87.9 per cent of flights on time.

External research confirmed that Virgin Australia Domestic achieved record levels of satisfaction with the end to end customer experience, Domestic Business Class service and the lounge experience. The business also won a number of prestigious awards during the period, including Best Airline Staff Service Australia/Pacific by the Skytrax World Airline Awards for the fifth consecutive year.

In the 2015 financial year Virgin Australia Domestic completed the transition to a contemporary full service airline, including:

  • The rollout of complimentary food, baggage and entertainment across the mainline domestic network;
  • Completion of wireless in-flight entertainment roll-out across the entire Boeing 737-800 and Embraer 190 fleets;
  • Launch of Darwin and Alice Springs lounges, expansion of Brisbane lounge and launch of Premium Exit at Melbourne Airport;
  • A new international standard Business Class service on the Airbus A330s; and
  • The painting of the last red Virgin Blue aircraft in the new Virgin Australia livery.

Virgin Australia International

Virgin Australia International reported an Underlying EBIT of -$68.9 million for the 2015 financial year, a decline of $22.8 million on the prior corresponding period.

Virgin Australia International revenue decreased by 3.3 per cent compared to the 2014 financial year on a capacity decline of 0.4 per cent.

Increased competitive pressure, particularly in the South East Asian and long-haul markets, constrained yield recovery during the financial year.

In recent months, the Virgin Australia Group has put into place the first phase of initiatives to improve the performance of the international business, including introducing Business Class on the Tasman and Pacific Islands routes to drive further unit revenue growth; integrating the management of the New Zealand operations into the rest of the international business; consolidating its Los Angeles flying from three to two Australian hubs; and announcing the introduction of new Business Class suites on the fleet of long-haul Boeing 777 aircraft to drive further yield growth.

As a result, Virgin Australia International has begun to show improvement, with Underlying EBIT improving by $2.4 million in the second half of the 2015 financial year compared to the prior corresponding period.

Today Virgin Australia has announced the second part of the plan to improve performance. This involves launching the Tigerair Australia brand in the short-haul international market, to enable the Group to better cater to the changing dynamics in the region.

It also enables Virgin Australia International to redeploy some capacity to meet increased customer demand on strong-performing routes and to withdraw Virgin Australia International from routes where market structures have changed.

Charter and Cargo

Virgin Australia Charter continued to deliver revenue growth during the 2015 financial year.

Despite the slowdown in the resources industry, demand from Virgin Australia Charter’s existing blue chip client base continued to grow during the 2015 financial year and the business won several significant new resources contracts from competitors. This growth has been supported by the addition of four Fokker 100 aircraft, expanding the charter fleet from 20 to 24 aircraft.

The charter customer experience was also further aligned with Virgin Australia’s mainline operations, including the installation of check-in kiosks and gate scanners at three of its largest charter airports.

Virgin Australia Cargo is the Group’s newest business division. During the 2015 financial year, the Group’s dedicated cargo team implemented a state-of-the-art IT system, which will enable the division to optimise cargo capacity and provide tracking and customised reporting to customers.

The business officially launched on 1 July 2015, providing services for major freight distributors, corporate shippers and individuals. Virgin Australia Cargo has already signed several major clients.

Velocity Frequent Flyer

Velocity Frequent Flyer reported an 18.5 per cent increase in revenue and an 8.0 per cent increase in Underlying EBIT to $81.2 million for the 2015 financial year.

Revenue and earnings growth were driven by record annual growth in members, strong member engagement and new partnerships. Velocity invested significantly in people and systems in the 2015 financial year which will drive stronger earnings growth going forward, with a minimum of 15 per cent earnings growth per annum expected in the 2016 financial year and the 2017 financial year.

During the 2015 financial year, Velocity added the highest number of members since the program’s launch, with an average daily join rate of more than 2,400 per day, up from around 1,900 during the 2014 financial year. This significant increase was supported by Velocity’s Australian-first partnership with one of the country’s largest fuel retailers, BP, with an average of more than 4,300 people joining the program per day during the last quarter of the 2015 financial year.

Velocity continued to achieve numerous awards during the 2015 financial year, including winning three prestigious accolades at the Freddie Awards, in which Velocity has been recognised as having Best Redemption Ability in the Asia-Pacific region for three consecutive years. The program also ranked as number two globally for Seat Availability in the Ideaworks SwitchFly Survey.

In July 2015, Velocity acquired a leader in the data and analytics field, Torque Data, enabling the business to significantly expand its capabilities in this field and support its ongoing growth.

Tigerair logo

Tigerair Australia

Tigerair Australia recorded an EBIT loss of -$8.6 million from 17 October 2014 to 30 June 2015. On a standalone basis, it recorded an improvement of $42.7 million on the prior corresponding period.

The business achieved significant progress in driving incremental revenue growth and delivering cost synergies, with approximately $7 million in benefits achieved as a result of the completion of the Group’s full acquisition of Tigerair Australia.

During the 2015 financial year Tigerair Australia’s average load factors improved by 1.8 percentage points to 86.1 per cent, on capacity growth of 9.6 per cent.

The business introduced a number of initiatives to improve the customer experience while streamlining costs, including check-in kiosks at major airports and an iPad-based mobile app that makes the check-in and boarding process more efficient while enabling additional revenue opportunities. The most recent external survey results show customers were 75 per cent satisfied overall with their Tigerair Australia experience, up 11 percentage points since October 2014.

Tigerair Australia delivered a significant improvement in On Time Performance, with average departures On Time Performance increasing by more than six percentage points during 2015 financial year, finishing the year with 89.0 per cent of flights on time in June and outperforming its major competitor in five of the first six months of the 2015 calendar year .

Conclusion and Outlook

Virgin Australia Group Chief Executive Officer John Borghetti said: “Our people and their dedication to going above and beyond in their day-to-day roles is central to our success in delivering on our Virgin Vision strategy. I would like to thank all of our team members for their commitment to our customers and their tireless efforts in bringing to life the Virgin Vision.

“As a result of the progress on our strategy to date, we are now on a positive trajectory and on track to significantly improve financial performance again for the 2016 financial year.

“Based on current market conditions, all fundamental business metrics are on track for the Group to return to profitability and report a Return on Invested Capital in line with its cost of capital for the 2016 financial year. The Virgin Australia Group’s current cost of capital is approximately 10 per cent”, Mr Borghetti said.

Copyright Photo: John Adlard/AirlinersGallery.com. Tigerair’s Airbus A320-232 VH-VNQ (msn 5218) taxies at Sydney in the new 2013 livery.

Virgin Australia aircraft slide show: AG Airline Slide Show

Tigerair Australia aircraft slide show: AG Airline Slide Show

Tigerair (Australia) route map. The lower-cost Tigerair subsidiary is likely to grow with its lower cost basis.

Tigerair (Australia) 8.2015 Route Map

Jetstar Airways is planning to retire the last Airbus A330-200 in September

Jetstar Airways (Melbourne) is planning to phase out and retire the last Airbus A330-200 in September. According to Airline Rouge, currently (subject to change) the last scheduled route with the A330 will be on September 24 between Honolulu and Brisbane (arriving on September 25) as flight JQ 006. There are no scheduled A330 flights after this date.

The Airbus A330-200s have been replaced with newer Boeing 787 Dreamliners.

Copyright Photo: Micheil Keegan/AirlinersGallery.com. Airbus A330-202 VH-EBB (msn 522) approaches the runway at Sydney.

Jetstar Airways aircraft slide show: AG Airline Slide Show

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