Virgin Australia Airlines-Skywest Airlines: VH-FVH (msn 954) prepares for the next flight at Brisbane. Skywest Airlines currently operates 10 ATR 72-212As (ATR 72-500s) on feeder routes for Virgin Australia Airlines in their colors. The proposed transaction still remains subject to certain conditions and regulatory approvals, including Foreign Investment Review Board approval, Skywest shareholder approval and the approval of the Singapore High Court. “It will also be very positive for business and tourism, particularly in Western Australia and regional Australia, as we will invest to support the growth of Skywest”, Mr Borghetti said. “This acquisition will enable us to accelerate our expansion in the high growth fly-in-fly-out (FIFO) and regional markets, increasing competition in these important segments and bringing new benefits to customers.
Virgin Australia CEO John Borghetti said: “The ACCC’s clearance represents an important step for Virgin Australia in completing the proposed acquisition of Skywest. This would enable Virgin Australia to fast-track its growth in regional Australia and develop a more integrated network, service and frequent flyer program for the benefit of its customers. Under the agreement, Skywest would become part of the Virgin Australia brand but would continue to operate under its current Air Operator’s Certificate (AOC) with its own management team, based in Western Australia. Virgin Australia Holdings Limited welcomed the ACCC’s clearance of the proposed acquisition of 100% of the issued share capital in Skywest Airlines Ltd (Perth) pursuant to a scheme of arrangement which is subject to the laws of Singapore. The airline issued the following statement: Virgin Australia Airlines (Brisbane) has received government clearance to continue its stock acquisition of regional carrier Skywest Airlines (Perth). New combined Virgin Australia domestic route map: Video: Skywest Airlines of Australia fades into the sunset: All of the aircraft are gradually being repainted into the Virgin Australia brand. The Skywest Airlines brand is now being retired. All other images and photos from Skywest. “This is the start of the next ground-breaking chapter for the Virgin Australia Group and an exciting time for the airline”, Sir Richard said.Ĭopyright Photo: Micheil Keegan. Now I am thrilled to see him focusing on other market segments including regional and charter services where I know they will deliver. Sir Richard Branson said: “It is fantastic what John and the team have done over the last couple of years, completely repositioning the airline with the introduction of the Virgin Australia brand and its brilliant product and service. “By building a Perth-based operation and workforce, we will continue to invest in local resources, expertise and infrastructure”, Mr Borghetti said. We have made significant investment over the past two years with the introduction of our internationally configured Airbus A330 aircraft on services between the East and West Coast, increased frequencies to the resource-rich Pilbara region and established a large crew base in Perth. “Western Australia is one of the fastest growing aviation markets and a very important part of our strategy. “By integrating Skywest Airlines into the Virgin Australia Group, we unlock new opportunities to grow our services to regional Australia and significantly increase our charter presence in the high growth fly-in-fly-out markets. Since then, we have changed the competitive landscape in many ways and today marks our next major leap forward. “In 2010, we articulated a strategy to become the airline of choice for all travellers in Australia.
“This country has one of the most geographically dispersed populations in the world and reliable, affordable air services are vital to the growth of regional Australia. Virgin Australia Chief Executive Officer John Borghetti described it as a momentous day for the airline, tourism and the travel industry. The old Skywest Airlines route map (above). The entity known as Virgin Australia Regional Airlines will be based in Perth, Western Australia and the operation will now have 32 aircraft operating over 800 services per week to 41 different destinations.
The first two aircraft to be rebranded as ‘Virgin Australia’ were officially unveiled (Fokker 100 VH-FSQ and Fokker 50 VH-FNA), representing the airline’s commitment to continued investment and new growth opportunities for regional and charter travel in Australia. Virgin Australia today (May 7) unveiled its new regional airline operation with Virgin Founder Sir Richard Branson and Virgin Australia Chief Executive Officer John Borghetti in Perth.įollowing the acquisition of Skywest Airlines last month, today marked the launch of the newly branded airline. Skywest Airlines (Australia) (Perth) today (May 7) became Virgin Australia Regional Airlines.
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