Boeing 737 100th for Virgin Australia

Virgin Australia and Boeing will celebrate the delivery of the 100th 737 to this Australian airline. This is a great achievement for Virgin Australia which already has 70 Boeing 737-800 aircraft in its fleet.

A total of 100 Boeing 737 aircrafts this includes older models, 737-300 and 737-400, which is operated by the airline in the past years as Virgin Blue and Boeing 737 aircraft has been a mainstay for the company to serve domestic and international routes.

In addition to ordering the Boeing 737 Next Generation aircraft, Virgin Australia also has booked the latest model of the Boeing 737, the Boeing 737 MAX. The airline ordered 23 Boeing 737 MAX 8s with delivery scheduled between 2019-2021.

Virgin Australia Acquires 60% Equity in Tigerair Australia

Virgin Australia Holdings Ltd. recently announced the completion the acquisition of 60 percent stake Tigerair Australia, formerly known as Tiger Airways Australia. With this purchase, Virgin Australia will put his men on board of directors Tigerair Australia.

Quoted from Business Spectator, Chief Executive Officer of Virgin Australia's John Borghetti will be appointed as Chairman Tigerair Australia, while Wendy Cheah was appointed as Chief Financial Officer.

"The acquisition Tigerair Australia, allows Virgin Australia for comeback again on the segment of low-cost airlines. We are very pleased to partner with Tigerair on Tigerair Australia and hoping to accelerate its growth, "said Borghetti.

Tigerair Australia Chief Executive Officer Rob Sharp said the transaction is an excellent foundation to build Tigerair Australia, guarantees the right scale to compete effectively.

"Our target is Tigerair Australia still continue to survive and become low-cost airlines were respected in Australia," said Sharp.

Previous Virgin Australia has also been successful in the acquisition other Australian airline, Skywest, which is now melt into the Virgin Regional Airlines of Australia based in Perth.