When Ansett Australia collapsed in 2001, Ansett Global Rewards points became instantly worthless. This may have happened 19 years ago, but many former Ansett members have long memories. It’s part of the reason that there has been a rush to cash out Velocity Frequent Flyer points over the past few weeks as Virgin Australia’s financial … Continued
Virgin Australia has officially entered voluntary administration, as it struggles with a crippling $5 billion debt and unprecedented weak demand for air travel. But, this may not be the end for Virgin Australia – which continues to operate flights for now and is desperately working to find a long-term solution. So, what does this all … Continued
Many frequent flyers have been watching the news about Virgin Australia nervously this week. As the airline suspends share trading and considers voluntary administration, the question on everybody’s mind is: “Should I be worried about my Velocity points?” For now, the future of Virgin Australia really depends on whether it gets a lifeline from the … Continued
Virgin Australia has been all over the news this week, as it suspended trading on the Australian stock market and considers voluntary administration. But, while much of the media was distracted by other events, Virgin Australia has achieved something quite remarkable this week. Last Tuesday morning, a Virgin Australia Boeing 777-300ER departed from Paris and … Continued
Velocity Global Wallet cardholders will earn fewer points on transactions within Australia from 4 May 2020. Fees for using the travel money card are also changing, with some charges being reduced or eliminated. New Velocity Global Wallet earn rate Currently, you can earn 1 Velocity point per $3 spent within Australia using the Velocity Global … Continued