Virgin Australia facts for kids
|Founded||1999 (as Virgin Blue)|
|Commenced operations||31 August 2000|
|Frequent-flyer program||Velocity Frequent Flyer|
|Company slogan||This is how we fly|
|Parent company||Virgin Australia Holdings|
|Headquarters||Bowen Hills, Brisbane|
|Revenue||A$4.7 billion (2015)|
|Operating income||A-$49 million (2015)|
|Total assets||A$5.8 billion (2015)|
|Total equity||A$1 billion (2015)|
Virgin Australia is a large Australian airline. It started in 2000. From 2000 until 2011, the airline was called Virgin Blue. Virgin Australia flies as both a full-service airline and a low-cost airline, like Ryanair or Southwest Airlines. As of 2016, the airline has a fleet of 108 airplanes and flies to Australia, Fiji, Indonesia, New Zealand, Papua New Guinea, Tonga, the United States, the United Arab Emirates and Vanuatu. Virgin Australia is Australia's second largest airline. It is the main competitor for Jetstar Airways and Qantas. In 2014, Virgin Australia bought Tigerair Australia. Virgin Australia became bankrupt in 2020 because of the COVID-19 pandemic and was bought by Bain Capital in June 2020.
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Virgin Australia Facts for Kids. Kiddle Encyclopedia.