Virgin Australia Fortifies Fleet: In a notable move reflective of a resurgent travel industry, Virgin Australia (IPO-VIR.AX) has unveiled plans to augment its fleet by adding six Boeing MAX-8 aircraft, thereby expanding its existing order to a total of fourteen. This development comes on the heels of Virgin Australia’s fiscal 2023 performance, marking the first time the airline has returned to profitability in over a decade. The impressive turnaround is attributed to a robust rebound in travel demand, signaling positive momentum post the turbulence induced by the COVID-19 pandemic.
Alistair Hartley, Chief Strategy and Transformation Officer at Virgin Australia, emphasized the sustained high demand for travel, underlining the airline’s strategic decision to enhance its fleet further. The six MAX-8 aircraft are slated for delivery in the latter half of 2024, positioning Virgin Australia strategically to leverage the anticipated resurgence in the travel market.
Beyond merely addressing the surge in demand, Virgin Australia’s fleet expansion aligns with a broader commitment to environmental sustainability. The introduction of the six MAX-8 aircraft is expected to reduce emissions by a minimum of 15% per flight. This move is in harmony with the airline’s overarching goal to curtail carbon emissions intensity by 22% by the year 2030, showcasing a forward-looking approach that echoes the industry’s collective shift towards greener aviation practices.
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The MAX-8 jets, earmarked for deployment on domestic and short-haul international routes, will cater to popular destinations such as Fiji, Bali, and Samoa. This strategic deployment underscores Virgin Australia’s commitment not only to meeting existing travel demands but also to tailoring its services to cater to specific market segments, offering travelers enhanced choices and value.
The expansion of Virgin Australia’s fleet serves as a testament to the airline’s confidence in the ongoing recovery of the aviation industry post the challenges posed by the global pandemic. This strategic move not only positions the airline as a key player in the evolving post-COVID travel landscape but also reflects a forward-thinking approach that considers both market dynamics and environmental responsibility.
Our Reader’s Queries
What are the future aircraft of Virgin Australia?
Virgin Australia has expanded its fleet of Boeing MAX family aircraft, adding six more MAX-8s to be delivered in the latter half of 2024. This brings the airline’s total number of MAX-8s to 14 and its planned latest generation aircraft to 39.
What are the plans for Virgin fleet?
Virgin Atlantic recently revealed more information about its new Airbus A330-900 fleet. The airline is set to receive up to 16 of these planes, with the first one arriving in September 2022. The seating configuration has also been announced, but details on the exact number of seats have not yet been released. This is an exciting development for Virgin Atlantic and its passengers, as the A330-900 is known for its fuel efficiency and passenger comfort. Stay tuned for more updates on this exciting addition to the airline’s fleet.
Is Virgin Australia a good airline?
In December 2022, Virgin Australia emerged as the leading domestic airline in Australia, according to Canstar Blue’s 2022 Domestic Airlines ratings. The airline received a five-star rating in all categories except one, including service, which is a remarkable achievement.
How old are Virgin Australia planes?
VA boasts one of the youngest commercial fleets in Australia, with an average aircraft age of 11.7 years. The MAX-8 planes, which are 40% quieter than the current 737s, also come with new-gen interiors.