Until 11 January 2021, you can get a 30% discount when redeeming Velocity Frequent Flyer points for Virgin Australia flights in Business class. You can also now get a 30% discount when using Velocity points to upgrade to Business class on Virgin Australia flights. The 30% discount applies to the points required (but not taxes … Continued
Velocity Frequent Flyer has launched a new offer of 20% bonus points when transferring points from selected credit card and hotel loyalty programs. It comes just days after the sale of Virgin Australia to Bain Capital was approved, paving the way for Virgin Australia to emerge from voluntary administration by the end of October. With the … Continued
Virgin Australia creditors have voted to approve the proposed sale to Bain Capital at a virtual meeting. Under the Deeds of Company Arrangement (DOCA) recommended by Virgin’s administrators, Virgin employees and secured creditors will receive 100% of their owed entitlements. Unsecured bondholders, meanwhile, will only receive approximately 9-13 cents per dollar owed. But the administrator … Continued
The final meeting of Virgin Australia creditors is all set to take place on 4 September after Virgin Australia’s administrators handed down their report to creditors this week. The airline’s future will be voted on at a virtual Microsoft Teams meeting scheduled for 10am (AEST) on Friday, 4 September 2020. If the sale to Bain Capital … Continued
Virgin Australia customers would have existing travel credits or conditional flight credits replaced with “Future Flight credits” if the proposed sale to Bain Capital goes ahead. These would be valid to redeem for Virgin Australia flights until 31 July 2022, for travel until 30 June 2023, but would come with restrictions. The sale to Bain … Continued
Virgin Australia’s management and new owners have now outlined their vision for the future of Australia’s second-largest airline. Virgin won’t become a low-cost carrier, we’re told, but will instead aim to be the “best value carrier in the market”. “ The airline will serve business travellers, including corporates and customers travelling for a holiday and visiting … Continued
Last week, Virgin Australia confirmed that it will keep most of its airport lounges as it transitions to a new post-covid business model. But when will Virgin Australia’s airport lounges finally reopen? All 13 of Virgin Australia’s airport lounges shut on 23 March 2020 due to government COVID-19 restrictions, and remain closed to this day. … Continued
Tigerair will not return to the skies in Australia, with the Virgin Australia Group confirming this week that it will discontinue the Tigerair brand. Virgin Australia, which owns Tigerair, said the decision to axe the Tigerair brand is due to insufficient demand in the Australian domestic market to support two carriers at this time. When … Continued
Virgin Australia has revealed how the airline plans to emerge from voluntary administration, and it’s a mixture of good and bad news. Virgin will retain most of its airport lounges and Business class cabins, and all Velocity Frequent Flyer points and travel credits will be honoured. But it will emerge as a smaller airline focusing … Continued
Velocity Frequent Flyer has reinstated reward seats on 19 more non-stop Virgin Australia domestic routes. That’s around double the previous number. Plus, in even better news, Velocity points can now be redeemed for travel any time – effective immediately. Velocity points can also be redeemed once again for flight upgrades, hotel bookings and, shortly, car … Continued
After a hiatus of several months, Virgin Australia Happy Hour sales are back with Economy fares from $69 and Business class tickets starting from just $250 one-way! In normal times, Virgin Australia would offer a selection of Happy Hour sale fares from 4pm until 11pm each Thursday afternoon. But these were quietly withdrawn earlier this … Continued
Even though Virgin Australia has been in voluntary administration for the past two months, and Velocity Frequent Flyer redemptions remain severely limited, Velocity has been really pushing its members to continue earning points lately. Velocity Frequent Flyer has been ramping up the marketing emails in recent weeks, with offers such as bonus points at the … Continued