Virgin Blue Asks Australia to Review Costs
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Cut-price carrier Virgin Blue said Tuesday the cost of using Australian airports is spiraling upward and asked the government to review the deregulated system of charges.
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BEING - China Mobile may form a joint venture with Britain&#39;s Virgin Group to provide mobile communication service. Virgin Group had earmarked US$300 million for a mobile phone joint venture in China, the worlds
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Qantas Airways, the Australian carrier, rejected an $8.6 billion takeover bid led by Macquarie Bank of Australia and the American equity firm, the Texas Pacific Group. Qantas said it had received a nonbinding proposal, but that the terms were ânot acceptable.â Qantas confirmed in November that it received a takeover proposal from Macquarie Bank and Texas Pacific.
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The Carlyle Group is in discussions with Virgin Media, the British cable company whose largest investor is Richard Branson, over a potential bid worth around $20 billion, a person familiar with the negotiations said yesterday.
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Qantas Airways has raised its fuel surcharge on domestic and international tickets by $4 and $7, respectively, because of the high price of oil.
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Australia's competition regulator said  on Friday it has started a review into an $8.7 billion buyout  offer for Qantas Airways Ltd.  from a group led by  Macquarie Bank Ltd.  and private equity firm Texas  Pacific Group.
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Virgin Blue Holdings Ltd., Australia&#39;s second-biggest airline, increased a surcharge on all tickets as the cost of jet fuel soared.
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Anyone who wants to go into space will be able to do so soon, as long as they&#39;ve got a spare Â£100,000 that is. That&#39;s how much a seat will cost on a new service from Sir Richard Branson&#39;s company, called Virgin Galactic.
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Budget airline passengers are paying more than the price advertised due to extra costs, a Which? survey claims.
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Media & professional: A consortium of four private equity firms is looking at buying Virgin Media, the $8bn (Â£4bn) cable company involved in a spat with BSkyB and whose biggest shareholder is Sir Richard Branson.
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Qantas Airways Ltd. ,  Australia's top airline, is expected to announce a takeover  offer of around A$10.9 billion (US$8.55 billion) from a  consortium led by Macquarie Bank Ltd.  this week,  possibly as early as Wednesday, sources said.
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Qantas Airways Ltd., Australia&#39;s biggest airline, raised its fuel surcharge for a second time to help offset soaring jet-fuel costs.
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Australia&#39;s flagship carrier Qantas Airways has reported a record annual net profit but warned oil prices threatened its performance, increasing the chance of a hike in ticket price surcharges to offset its fuel bill.
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Regional airline Rex has joined Qantas and Virgin Blue in deciding to increase the fuel surcharge paid by passengers in response to high oil prices.
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VIRGIN Blue faces a clouded second half as it battles volatile fuel prices, rising charges by monopoly airport and navigation providers and an uncertain revenue growth caused by tough domestic competition.
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Australia's competition regulator said on Friday it has started a review into an $8.7 billion buyout offer for Qantas Airways Ltd.  from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group.
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The present policy of not allowing a foreign carrier to hold stake in domestic airlines has put a question mark on Virgin Atlantic chief Richard Branson&#39;s plans to acquire equity in private Indian airline companies.