VirginBlue slashed fares on its V Australia services to Los Angeles to $579 as rumours persist about the carrier’s finances.
The super cheap one-way tickets are 70 per cent below what V Australia’s nearest competitor is charging for a single one-way economy fare between Australia and Los Angeles, reports the Herald Sun.
Virgin Blue chief executive Brett Godfrey said the initiative was another example of V Australia remaining open and adaptable to new ideas and championing change for consumers.
He said the ticket would be ideal for students and backpackers who were uncertain of how long they might want to stay in the US.
Virgin said the new fare could only be bought online and was valid for travel from this week until November 30.
But neither Mr Godfrey nor anyone else at Virgin would confirm or deny reports that a Middle East airline was looking at taking equity in the airline.
BusinessDaily, however, did confirm that neither Emirates nor Etihad were interested in buying a stake in Virgin Blue, which is struggling with an 88 per cent debt-to-equity burden and incurring huge losses with V Australia and its Pacific Blue subsidiary in New Zealand.
Source:News.com.au
By: steve rowell - 23rd July 2009 at 01:33
I must have missed something here because I was under the impression that Virgin Blue and V Australia were not connected to each other, would someone care to enlighten me on this point?:o
Singapore Airlines …through their stake in Virgin Atlantic… have control over the use of the ‘Virgin’ name on International air routes and have not in the past allowed its use…Virgin Blue… Pacific Blue and V Australia are as one
By: cloud_9 - 21st July 2009 at 15:54
I must have missed something here because I was under the impression that Virgin Blue and V Australia were not connected to each other, would someone care to enlighten me on this point?:o
By: KabirT - 21st July 2009 at 06:16
wow that is cheap..i wouldn’t mind going to LA just for the heck of it for that price.
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July 21, 2009 at 2:21 am