Virgin Australia

On April 20, Virgin Australia applied to enter the reorganization process, after almost 20 years of operation. The collapse of Virginia Australia is the largest in the history of Australia. On August 5, Virgin Australia also unveiled the reorganization plan. It includes mass layoffs, and fleet reconfiguration...

On 6 July 2012, Boeing and Virgin Australia signed an agreement for 23 of Boeing 737 MAX aircraft and with the option of ordering another 4 737 MAX. With this firm order, Virgin Australia became the first airline in Australia to opt for the new aircraft type and to be added to the 68 Boeing 737 Next Generation units.

Virgin Australia officials have denied rumors about the airline's accession to the Star Alliance. CEO John Borghetti mentioned that SkyTeam may be a solution, but for now the airline does not want to join a global alliance. Even if Virgin Australia is a partner with Singapore Airlines, a Star Alliance member, that is not…