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Virgin Blue
Title: Virgin Blue
Category: Society & Culture / Education
Details: Words: 1922 | Pages: 8.2 (approximately 235 words/page)
Virgin Blue
Company background
Virgin Blue, one of the airline companies in Australia, which provides lost cost, low fare domestic airline, offering frequent passenger services on routes between all of the Australia's major cities, is one of the subsidiaries of the Virgin Group that established on 3 August 2000 with two aircraft initially offering seven return flights a day between Brisbane and Sydney. And this has been expanded to cover the major cities in Australia.
By now, Virgin Group's …showed first 75 words of 1922 total…
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…showed last 75 words of 1922 total…shown in figure 1, it can be seen that the low cost airline company has obviously got a higher compound annual growth rate than the opposite. For example, Ryanair has a 25 percent increase between the period of 1996 and 2001, where the traditional carries such as British Airways only got around 3 percent growth rates.
Therefore, it can be seen that the aviation market in Australia trend to be continue a strong growth with a low cost airline services.
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