Category: Virgin Australia

American credit agency Fitch has handed Virgin Australia a vote of confidence by maintaining its “B+/Stable” rating, despite the carrier’s poor recent share performance.

Virgin Australia’s CEO has reassured passengers that all the airline’s aircraft are equipped with face masks and hand sanitisers, in light of coronavirus fears. 

Virgin Australia chief executive Paul Scurrah is set to ask the Government to reduce landing charge fees at the country’s airports to help combat the effects of the coronavirus.

The worst day of trading on the ASX since the global financial crash saw Virgin shares limp to an all-time low of 0.075 and Qantas drop to 4.15 – down from 7.40 in December.