Virgin Atlantic to pull out of Sydney
UK-based Virgin Atlantic is set to cancel flights between Sydney and Hong Kong from 5 May this year, saying increasing costs and the weakening Australian dollar made the route unprofitable.
March 6, 2014
UK-based Virgin Atlantic is set to cancel flights between Sydney and Hong Kong from 5 May this year, saying increasing costs and the weakening Australian dollar made the route unprofitable. Commenting on the decision John Lloyd, director of Virgin Atlantic Cargo, said: “Australia will remain an important market for Virgin Atlantic Cargo. Virgin Atlantic Cargo’s current commercial and operations team in Australia will continue to manage the airline’s successful joint venture with Virgin Australia and to market its global network of 350 onforwarding destinations worldwide to customers throughout Australia and New Zealand.
“From a cargo point of view it is always very disappointing to come off a route where we have been successful in terms of our overall contribution to the airline and on which we have enjoyed loyal customer support. As our chief executive Craig Kreeger has stated, despite the best efforts of our employees, external factors such as increasing costs and a weakening Australian dollar have affected our profitability. As a result, unfortunately we intend to withdraw our services between Sydney and Hong Kong.”
“However, our commitment to our customers and partners in Australia and Hong Kong will continue as before. We will be keeping our commercial and operations teams in Australia to support our successful and longstanding joint venture with Virgin Australia. And in Hong Kong, we will continue to promote our daily Hong Kong – London service with same day connections to the US and beyond.”