This Cozy Airline Carve-Up Is a Pandemic Chimera

This Cozy Airline Carve-Up Is a Pandemic Chimera

Australia is more or less a duopoly between Virgin Australia - which was itself put into a coronavirus-induced administration last month - and a dominant Qantas Airways Ltd.. A fledgling Virgin Australia, at the time a budget carrier named Virgin Blue, was perfectly placed to capitalize.. For all that, Bhatia should pass up the chance to have a crack at Virgin Australia.. ended up being sold to Virgin Australia back in 2014 at a valuation of A$2.50 ($1.62), after years of struggle.. The distance between Australia and India is too great to make connecting the two markets an easy play, too.. IndiGo is so powerful in its home market that it's natural its owners should be looking at overseas expansion - but as we've argued, the better place for that is in the Persian Gulf, where a far bigger Indian diaspora is closer to home and largely flown across the Arabian Sea on Gulf carriers such as Emirates..