Virgin Australia reports loss for 7th year in row, plans job cuts
Virgin Australia Group, the parent company of the second largest airline in Australia, has reported $315.4 million loss…
Australia, an island continent with a geographically vast landmass, has a significant presence in the global aviation industry. Its geographical isolation has led to a strong reliance on air travel for both domestic and international connectivity. The country is home to a well-developed aviation infrastructure, including major airlines, busy airports, and a robust regulatory framework overseen by the Civil Aviation Safety Authority (CASA). Australian airlines operate both domestically and internationally, connecting the country to major hubs worldwide. The country\’s vast distances have also fostered the growth of general aviation, with a significant number of private and commercial aircraft operating across the continent.