On Friday, the airline operator Virgin Australia (IPO-VIR.AX) said that it has placed an additional order for six Boeing MAX-8 aircraft in order to further expand its fleet and fulfill demand for travel. This brings the total number of planes that it has ordered for this type to fourteen.
Following the COVID-19 pandemic, there was a significant uptick in the demand for travel, which helped propel Australia’s second-largest airline to achieve profitability for the first time in eleven years during the fiscal year 2023.
“Travel demand continues to remain high, and we continue to grow and renew our fleet,” said Alistair Hartley, Chief Strategy and Transformation Officer for Virgin Australia. “This enables us to deliver great value and choice in the market,” Hartley said.
According to the statement made by the firm, the six aircraft will be delivered in the latter part of the year 2024. They will lower emissions by at least 15% every trip, which will assist the airline’s goal of decreasing the carbon emissions intensity by 22% by the year 2030.
According to the airline, the MAX-8 aircrafts will begin flying on internal routes as well as short-haul foreign flights beginning with Fiji, Bali, and Samoa.
In conclusion, Virgin Australia’s acquisition of Boeing Max 8 aircraft exemplifies a proactive step towards meeting escalating demand, enhancing passenger experience, and fortifying its market position. This strategic move not only ensures immediate benefits but also lays the groundwork for sustained growth and adaptability in the dynamic aviation industry.
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