International business icon and Virgin founder Richard Branson walked the red carpet to officially open new facilities at Brisbane's domestic airport on Wednesday.
Fresh off the plane from Sydney, Branson opened Virgin Australia's new terminal facilities - a lounge and terminal upgrades.
Virgin Australia's latest move came after rival Qantas last month announced it would build a new domestic airport lounge and renovate its existing international lounge in Brisbane.
Branson on Tuesday told Fairfax Media the Virgin Group was pleased with Virgin Australia's performance in executing its strategy of moving upmarket to take on Qantas.
"If Virgin Australia didn't exist, Qantas would be as bad as it was five years ago," Branson said.
"But Virgin Australia coming in and innovating has meant Qantas has had to react. The Australian public have definitely benefited all around I think from that."
Branson dismissed rumors the Virgin Group would sell it's 10 percent stake in Virgin Australia after having sold two large portions of shares to Singapore Airlines and Etihad Airways in 2013.
ATR identified 209 new domestic air routes in Indonesia that would be economically viable if served by regional turboprop aircraft. Total demand for these routes is 16 million passengers per...
TravelX announced that Kaszek, Latin America's leading venture capital firm, made a substantial investment in its platform, bringing the company's total funding to $45 million. The invest...
Alaska Airlines is bringing the West Coast and Europe closer than ever with new nonstop service from Seattle to Athens and Paris, two of the world’s most iconic destinations that rank among the...
In September 2026, General Atomics AeroTec Systems will put a major focus on Africa. With two trade show appearances, the German aircraft manufacturer is highlighting the strategic importance of...
