CAPA TV

Virgin Australia Group, CEO, Jayne Hrdlicka

Rex, Executive Director, Chris Hine

Moderator: ASM Australasia, Director, Hans Mitterlechner

Panel:

• Albury City Airport, Airport Operations, Nick Politis
• Emerald Airport, Manager, Salomon Kloppers
• Rex, Executive Director, Chris Hine
• Cairns Airport, Manager Aviation & Business Development, David Nye

Australia’s domestic and regional market situation – a review

With Omicron behind us and state borders reopened, Australia’s domestic market is undergoing a round of rapid growth and transformation. Virgin Australia’s fall into administration and the pandemic response of Qantas/Jetstar create significant space in the market. With domestic demand now nearly recovered, a new battle for market share is heating with up new entrants Rex and Bonza seek to challenge the incumbent operators. This has the potential to trigger the kind of fare war last seen in the Australian domestic market in 2016.

Panel:

• ASM Australasia, Director, Jayne Davey
• ASM Australasia, Director, Hans Mitterlechner

Join executives from Virgin Australia in this exclusive panel discussion. Hear the latest on recovery, market analysis and future strategy for the carrier. 

Virgin Australia is Australia’s second-largest airline and one of the few carriers that has managed to successfully diversify across the airline value chain. Since launching in 2000 as Virgin Blue - then wholly owned by the Virgin Group - Virgin Australia has moved away from its LCC origins to become a network carrier with integrated regional and international operations.

Now under the control of Bain Capital following its exit from voluntary administration in 2021, the carrier has resumed operations on its domestic network as well as short haul international operations. It has reimagined around a 30% market share of the profitable Australian domestic market, with ambitions to return to its previous share of around 33%. 

Moderator: ASM Australasia, Director, Jayne Davey & ASM Australasia, Director, Hans Mitterlechner

Panel:

• Virgin Australia Group, CEO, Jayne Hrdlicka
• Virgin Australia Group, CFO, David Marr
• Virgin Australia Group, Chief Strategy & Transformation Officer, Alistair Hartley

Air Niugini has seen (on average) K 400 million per annum in revenue lost due travel restrictions during 2020/2021 due to the Covid-19 crisis. Despite this Air Niugini is expecting a small profit for 2021 based on latest reforecast. During this short period the team has removed circa 36% of Air Niugini’s pre-Covid cost structure, with circa 24% of these savings are permanently embedded. Air Niugini has during this period managed to keep almost all staff on full pay and has been able to operate the fleet through the whole Covid period.

Our purpose-built software platform represents a departure from decades-old methods that have become the brittle foundation of revenue management. Cirrus applies the latest AI innovations to maximize revenue, deliver measurable results, and add clarity to revenue decisions.

Presented by:

Aviation Week, Senior Air Transport Editor - Asia-Pacific, Adrian Schofield