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Virgin - Skywest tie ups

Started by smitho, April 12, 2012, 12:20:39 AM

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smitho

Reports in media this week address the changing face of Virgin Australia's regional operations including Virgin's purchase of a part interest in Skywest, its code share deal with Skywest and the replacement of its Embraer fleet with more efficient turbo-props.

Snorzac

Most of this has already happened, the Embraer 170s were sold off and to date there has been 6 ATR72-500 aircraft delivered (operating in and out of Camberra since November), these are operated by Skywest for Virgin.

Virgin have also been code sharing with Skywest for many years and I believe they already own a rather large stake in the company.

smitho

Quote from: Mayor McCheese on April 12, 2012, 07:35:48 AM
Most of this has already happened, the Embraer 170s were sold off and to date there has been 6 ATR72-500 aircraft delivered (operating in and out of Camberra since November), these are operated by Skywest for Virgin.

Virgin have also been code sharing with Skywest for many years and I believe they already own a rather large stake in the company.

According to yesterday's SMH, Virgin's investment in Skywest and its alliance tie-up with them has only occurred in very recent weeks...extract follows:

"VIRGIN Australia will take a 10 per cent stake in regional airline Skywest as part of efforts to take advantage of surging demand for regional travel spurred by the mining boom.

In its first investment in a listed company, Virgin has spent $8 million on gaining ''skin in the game'' in Skywest, just weeks after the competition regulator approved an alliance between the two airlines.

Virgin's expansion in the regional travel market is one of the key planks of its attempts to improve its profitability under the leadership of John Borghetti".

Read more: http://www.smh.com.au/business/virgin-takes-skywest-share-20120410-1wn2j.html#ixzz1rpVIU7oH

Snorzac

With Virgin Australia's takeover of Skywest approved by the ACCC and shareholders, re-branding of the Skywest Fokker and Airbus fleets has begun with Fokker 100 VH-FSQ to be launched to the public in Perth tomorrow in Virgin Australia livery

Photo Courtesy of Sydney Airport Message Board member Dave Parer, original posting can be found here

smitho

look very good in the Virgin livery...