Virgin Australia Group announces Q3FY2017 update on Better Business programme and fleet

    Virgin Australia Group announced (18-May-2017) its Q3FY2017 update on the Better Business programme and fleet simplification. Key highlights from the update include:

    • Virgin Australia remains on track to cease all Embraer 190 operations by the end of 2017;
    • Virgin Australia announced that it will remove all six ATR 72-500 and two ATR 72-600 aircraft from its fleet;
    • Virgin Australia remains on track for net free cash flow savings increasing to AUD300 million (USD223.8 million) per annum from the Better Business programme by the end of FY2019.