WHY is VIRGIN AUSTRALIA so Important to AUSTRALIA?

[@JaydenWong]

It's a very opinionated video and I ask you to please respect my opinions. Feel free to comment your own thoughts here. No rude comments or attacks! Thanks :) *I didn’t mention about Alaska, Jetblue and Westjet for the east to west coast routes because they’re not as big as the other airlines

[@anguscovoflyer95]

good video mate! we could see the rebranding of virgin into something new, maybe a new Ansett or TAA/Australian airlines

[@Miftahjaya96]

dont worry One World Flyer,,,,your opinions is ok....

[@Waldo1411]

Great job!

[@natalieso7979]

Thank you share

[@dwong2328]

www.theage.com.au/business/companies/back-to-the-future-strategy-is-virgin-s-best-bet-for-survival-20200423-p54mi7.html This article from a finance writer explains why virgin will survive but needs to reinvent itself. Virgin failed strategy to fight head on with Qantas is suicidal and resulted in it's 10 years of losing money.

[@CabinCrewChat]

An incredible job on this video supporting VA, Jayden! Absolutely loved it and so cool to see Dinh, Momo and Ally in your video! Can't wait for the Australian aviation industry to start flying again!

[@JaydenWong]

cheers Kaito! Can't think of anyone better to include in this vid😝

[@memoirswithmomo]

Thank you so much for this video!! ❤️💜❤️💜 Virgin Australia will survive through this 💪🏽💪🏽

[@JaydenWong]

I'm sure it will👍🏻💪🏻

[@raymondleongdiva]

I love the way you pronounced tokyo lol. Yes very detailed in your analysis and I am amazed for your age. Shows how well educated you are and thumbs up to your parents for great upbringing and as my late dad who passed away in 1972 who was once a pilot for Qantas told me when I was a lad that travelling is the best form of education. Mind you he said this when there were no such thing as the world wide web etc. So kudos to you didi and god bless!

[@JaydenWong]

that's funny because two other people said the same thing about me pronouncing Tokyo lol. Travelling and studying abroad have definitely broaden my knowledge, it's not just learning new cultures, but also new ways of thinking, managing and even 'learning' itself. thanks very much for watching kor kor!!!

[@raymondleongdiva]

@@JaydenWong it's the least I can do for you. Very proud of you didi..very very proud indeed pity won't see you in Sept but will make sure we will even if it means next year. Always great things are worth the wait!😘❤

[@fmshan1990]

It is a very in-depth analysis. Thank you! It's great to see a video of a different variety. You know, when I am watching the video, what comes to my mind is that if it is a university assignment, you are definitely gonna get a good grade. Enjoy the weekend!!! : )

[@JaydenWong]

I hope it is! This took me an hour or so, I need a whole night (not day!) for an uni assignment 😝thanks for watching!

[@cx777300]

Awesome video Mr Wong thank you 🙏🏻

[@JaydenWong]

You are very welcome Stuart :)

[@asteverino8569]

Wow 🤩 What a great presentation about the Virgin Auzzi airline that you like. You covered so many aspects of losing the competition, in Australia economy, employment, quality and pricing. Also how it might influence internationally. And you made it clear you were speaking from yourself. Great job, Jayden. 😀

[@JaydenWong]

Thank you Steve! Hope you learnt something about Australian aviation haha

[@asteverino8569]

Yes, I did! 👨🏼‍🎓 😂

[@aviationwithjeff]

In the US, we also have other airlines that are kind of full service that add to the competition and lower fares, Alaska Airlines and JetBlue, which I prefer compared to the US Big 3. I hope Virgin survives as competition is a good thing.

[@JaydenWong]

yeah jetstar and tiger also helped bringing the prices down. Tiger is part of Virgin so if Virgin goes, Tiger will also go. Jetstar is part of Qantas so a very big monopoly haha. Thanks for watching Jeff!!

[@dashotter]

Travel with Jeff Sad Virgin America got bought by Alaska. It was a good alternative to the big three, especially at SFO when only United had a meaningful domestic network around the country. (Alaska seems to be retreating from SFO and I might not be too surprised if they concentrate more on SJC and leave SFO to just a United hub which would be really bad for SFO flyers but would probably direct flights away from the disastrous design, weather, and runway configuration at SFO making it unable to expand)

[@edwardalexy4027]

Great video OWF! Strongly agree with the points you've made, Australia's geography means that we are only as strong as our connections to each other and the world. For your international viewers, Voluntary Administration is the Australian equivalent of Chapter 11 Bankruptcy in the US - a common occurrence in the US industry and certainly not a death sentance!

[@JaydenWong]

yep a lot of people mistaken it as a death sentence! Thanks Ed!

[@Sheraton693]

Amazing. Can tell you've done your research.

[@JaydenWong]

Thank you!

[@paramattski68]

Hey Jayden, another awesome video mate 👍🏼 your opinion displays your passion and love for the industry. Hopefully Virgin does get through it all and bounce back in some form, all depends on the demand ... (international and domestic tourism / leisure / business) may not be there for some time and if it does survive it will probably need to operate a much smaller and leaner business … (and keep up these great vids coming .... Matt

[@JaydenWong]

Thanks very much for watching Matt. Yeah hopefully demand will pick up soon enough to help with the funding!

[@raymondleongdiva]

Well done I am sure you be a great newscaster or doing documentaries if you so want to in your career path. Yes competition is key to reducing fares and better service. Never flown virgin before but I am sure better than Qantas!

[@orighomisandediare4990]

Lets hope they and others like them are able to pull through from this turbulent period. Best of luck Virgin Australia

[@carlestrada9485]

I really don't know that much about dynamics of airline management. But I do agree with the outstanding service of Virgin Australia's crew as shown in your trip reports and other flight vloggers. I also think it's kinda sweet for Qantas to symphatize with the people at VA to keep their healthy competition kindling. Great video Jayden! I learned a lot 👍💯

[@JaydenWong]

Thanks for watching Carl! Yep days later Qantas CEO said it himself that Qantas is a better airline when there's competition👍🏻

[@jaisatpute7369]

amazing video! I like this kind of video and hope u make some more of them in the future

[@JaydenWong]

Thank you Jai, probably, we'll see how this goes :)

[@robyoungquist5803]

Excellent presentation and thoughtful rationale for your opinions Jayden! I enjoyed this 👍🏻👍🏻👍🏻

[@JaydenWong]

Glad you enjoyed it Rob :)

[@manaschugani813]

Keep Up the motivation jayden.

[@JaydenWong]

thank you :)

[@unitedcomputers]

Now, THAT'S a good video. Well done !

[@JaydenWong]

Thank you very much! :D

[@thanthongbgonline]

I love this content! even it is not a normal trip report.😁

[@JaydenWong]

thanks Thomas!!

[@dianeschroeder3980]

Good day mate! I love this side of you, willing to debate about why Australia needs Virgin. Since we don’t have Virgin in America anymore, I can definitely make a case for Virgin in Australia. Really great insight on this video and great research. It’s straight up your alley Jayden!❤️👍✈️

[@JaydenWong]

wow a g'day from Diane😝It was sad enough to see Virgin America go, I cannot emotionally see Virgin Australia go bust!!

[@annecy49]

What a very informative video Jayden, thank you! I really enjoyed it and learnt a lot! I agree with you that flights are too expensive in Canada due to the lack of competitors. It's not like in Asia where you have so many low cost companies that makes the tickets so low (Air Asia...). Well, I see how much you love Virgin Australia and I do hope they go through this quickly and that they watched your video... and why not, offer you a discount on your next trip! Cheers :)

[@JaydenWong]

thanks for watching Eric! Part of why I never properly visited Canada was because of the expensive domestic airfare! sorry I have to keep my reply short today as I have loads of assignments due soon! I hope you’re enjoying your weekend :)

[@annecy49]

@@JaydenWong Short or long, it is always super nice to have a reply from you! It's super cold here, we had snow in May!! Fingers crossed for your assignments, Jayden :)

[@ian7463]

In my humble opinion Jayden, you nailed it exactly. We need Virgin to survive and I believe it will survive. I think it will be a meaner and leaner airline. I think VA will pretty much only serve domestic market, and will pull out of international. Hopefully VA keep flying to Tasmania we need them !! Keep up the work.

[@JaydenWong]

Thanks very much Ian! As long as they're serving domestic is good enough, because 'Australia First'!

[@nicholasmackenzie-rowe68]

That is a good shout about pulling back to domestic in the short term. I believe it can return long haul aircraft, albeit at a loss to lessers. The Australian government can claim to have protected Australians by keeping prices down in the domestic market and Virgin survives, so it can grow in the future. Although the government might need to convince the people of Australia.

[@Sanznachito]

This is a very humbling and passionate vlog, wasn’t expecting it, but glad you have done it and you should be very proud. The question of a bailout is extremely tricky. We have just seen Fly e go down after being declined government help and Virgin is also in trouble if the borders do not open. Without VA our air fares to the USA will be huge and there’s a risk to BA IAG and the transatlantic agreement, but I won’t go on... let’s hope Virgin makes it through, would love to experience them and all their employees deserve to be able to sleep at night,knowing that their jobs are secured.Thanks for sharing!

[@JaydenWong]

I guess there are more reasons to bail out Virgin Australia and opposed to Flybe and Virgin Atlantic (not saying that they should haha); Flybe's routes were mostly BA-free. On the other hand, BA fly to a lot of destinations where Virgin Atlantic don't cover. In essence they have very different target customers and markets. Here in Australia, Virgin and Qantas almost have the same market share and routes so there'll be a greater effect to Australian aviation if Virgin Australia goes bust as opposed to Flybe and Virgin Atlantic. Etihad is today partnering up with a capital management firm to save Virgin Australia, let's hope they can raise some funds!! Cheers Nacho!

[@rod_at_adelaide5766]

Great video Jayden, I definitely agree we need Virgin for all the reasons you mentioned ✈

[@JaydenWong]

Thanks for watching Rod! If we only have Qantas left, left hand side of Adelaide airport will be left empty :(

[@rod_at_adelaide5766]

@@JaydenWong Haha that's true mate especially with all the upgrading going on at the airport. A lot of interest being shown by possible buyers so it may survive after a bit of restructuring, finger crossed!

[@pomrobpomrob3938]

I hope you put this video forward as part of your Uni course. Some very good points.

[@JaydenWong]

That's the plan! 😝

[@canusdominici]

Well done OWFlyer! I’m a loyal VA customer and hoping for a good outcome. I’m also thinking all of the wonderful staff who are the big difference compared with the leprechaun’s airline.

[@JaydenWong]

Thanks for watching! leprechaun’s airline LOL!!!

[@remarc69]

All valid points , I've flown domestically with Virgin here in Australia and definitely think we need to keep them viable, very informative Jayden👍🏻

[@JaydenWong]

cheers Marc!

[@welcomeaboard1597]

Thanks for the information you shared...

[@JaydenWong]

My pleasure :)

[@aaronchan3413]

I had traveled Virgin Australia once from hkg to syd, the crews were really friendly, the food was tasty, and I love the mood lighting on the fight: )Also, they have more baggage allowance than the other airline which is great for me! Same as you, I sincerely hope that Virgin Australia will continue serving us in the future...😢

[@JaydenWong]

yep 46kg (2x23kg) as opposed to 30kg on CX and Qantas! I get 69kg as a gold which is so much needed for me as I move around a lot (I guess the same reason for you). Thanks a lot for watching Aaron

[@LukeCrisp]

Great effort with this video Jayden. You make some very valid points as to why we need competition within Australia. Whether that needs to be Virgin Australia, I am not so sure. I have noticed a couple of others in the comment section who hold similar views as myself, so I wont bother going into the details. Virgin Australia has been in trouble long before the virus, whether that is management issues, I don't know. I also hold the view that Qantas has done extremely well over the last view years with the management of Alan Joyce. I think what I am trying to get at is fair competition, can one be assisted by the Government, whilst the other doesn't. I Certainly don't claim to know as much as many people in regards to Aviation management and business, but something is not right and needs drastic changes if they are to receive help in some form.

[@JaydenWong]

Thanks for watching Luke, and thanks for your input here :) Whilst I agree we might as well have a new airline here, imo it'll be more difficult than when Virgin came in. QF could potentially expand and make it hard for a new airline to be established in Australia. Qantas could've done this when Ansett collapsed to avoid a new airline coming i.e. Virgin, but they probably didn't see that coming. Now they've learnt their lesson and they will try their best to monopolise and control the Australian travel market as long as they can. The best outcome is of course Virgin Australia keeps flying without government assistance but rather new investors pouring money in along with structural changes in their management.

[@LukeCrisp]

One World Flyer No problem, it’s an interesting topic! You make good points and maybe I am playing devils advocate here, but say Qantas was to gain market control, do you think it’s really in their best interest to raise prices? They have always been the more expensive airline and recently (last few years) I believe it’s rightly so. If they were to monopolise overtime and gain control of the market, I am not so sure that it would be potentially detrimental to travellers in terms of cost’s, but maybe there could be a lack of innovation on behalf of Qantas. I don’t know, maybe I lack foresight and am too trusting of our countries flagship Airline. I will say though, of course I want Virgin Australia competing again, but it depends at what cost. Love this style video mate! Maybe an idea for a few more?

[@JaydenWong]

@@LukeCrisp haha all opinions are valid Luke! Unfortunately we live in a world where nearly all, if not all firms are profit-motive. Maybe the Qantas boss will not raise the price to keep us happy, but if he does that, shareholders will kick him out! Interestingly, a lack of innovation on behalf of Qantas I mentioned in someone's comment. If Virgin go bust, Qantas won't need to keep improving as much as they are, they can go back to recliner seats on Perth to east coast A330 flights. They won't need to be innovative again etc. Qantas got back to top 10 on Skytrax and won several awards, not because they want to make Aussies proud but they needed to compete with Virgin. Hk government thought this through and bailed out both Cathay and 100% foreign owned HK Airlines. Passengers aren't the only victims in a monopoly, but also the economy itself. Simply think it as a Monopoly game, the reason why we stop when a player wins is because the next casualty is the bank!!!

[@JaydenWong]

@@LukeCrisp I enjoy making videos like this but I don't know what to talk next😂

[@LukeCrisp]

One World Flyer I would say there is a fine balance of keeping customers satisfied and the shareholders happy. It’s crazy times my friend! You are indeed full of aviation wisdom! Hopefully one day you’ll be managing one of these airlines 😉 and as for ideas... hmm potential for supersonic travel again in the future?

[@thedeparturedesk9450]

Thanks for this perspective video! I think there's so many different factors involved its hard to understand the full extent of the situation. I agree that Australia needs a second airline to keep things cheap and fair for the consumers. I hope Virgin can pull through this because I love them and the velocity program, and have had many amazing flying experiences with them :)

[@JaydenWong]

thanks for watching! yep it's a very complex situation, only the Virgin people and investors know best

[@boardingfare]

Wonderful video information. Keep it up and stay safe.

[@JaydenWong]

Thanks, you too! :)

[@jakeairbus3504]

I love Virgin Australia, their lounge in Brisbane is one of my favourite lounges i’ve ever been too

[@JaydenWong]

thanks for watching! Agree, they were going to open a new one in Adelaide last month but now postponed...

[@FromtheWindowSeat]

Hi Jayden. I agree that Australia needs a second major airline for all the reasons you mention but I disagree that that needs to be Virgin Australia (at least in its current form). Virgin Australia was in a lot of trouble well before the pandemic, it was heavily indebted with not a lot of capital and was losing increasing amounts of money each year - something was fundamentally wrong. The current pandemic has essentially accelerated these issues and brought them to a head. Hopefully voluntary administration can lead to Virgin Australia Mk II - a different, leaner, more competitive airline, less saddled with debt etc. It may have a new name or even be a completely new company - the main thing, as you say, is that we have strong competition in Australia in the form of a 2nd major airline. Virgin Australia's international operations suffered some of the biggest losses, so a lot of articles are suggesting its future may be domestically focused, which sadly, does seem to make sense. I agree that Virgin Australia has great crews / staff, so I hope that the administrator finds a way that provides them good jobs in the industry (even if their employer ends up changing). I thought this article was worth a read: www.unisa.edu.au/Media-Centre/Releases/2020/virgin-collapse-may-signal-start-of-new-era-for-the-aviation-industry--and-its-not-all-doom-and-gloom/

[@JaydenWong]

Ahhh I miss having Kate as my lecturer! She's very nice and explains everything well. Yeah if Virgin Australia can stay afloat they'll have to change drastically (which the new CEO is trying). I agree we can have a different Virgin Australia but I don't think we can have a completely new airline. Qantas could potentially expand and make it hard for a new airline to be established in Australia. Qantas could've done this when Ansett collapsed to avoid a new airline coming i.e. Virgin, but they probably didn't see that coming. Now they've learnt their lesson and they will try their best to monopolise and control the Australian travel market as long as they can. Anyway, thanks for watching and spending time in writing your thoughts down here! Have a good weekend ahead mate!

[@FromtheWindowSeat]

One World Flyer Thanks. You too!

[@kenchow3168]

High quality video!😍😍

[@JaydenWong]

Thank you! 😁

[@kenchow3168]

One World Flyer 正👍🏻

[@darwinitis]

A thoughtful video Jayden. I would hate to go back to the days when Ansett closed and airfares were sky high.

[@JaydenWong]

Thanks for watching Jayne! I have the exact same thought here, I've not experienced that before and certainly wouldn't want to! have a good weekend :)

[@zak5780]

I learn't heaps watching your video. KEEP VIRGIN ALIVE!!!!

[@JaydenWong]

glad you did :)

[@planefascination8804]

Hi! I am fascinated with planes as you are and I love all your flight reviews. It is also worth mentioning that you are good-looking.

[@JaydenWong]

thank you for the sweet comment :)

[@mba0005]

Well thought out discussion, Jayden. I didn’t realize that Virgin Australia was such an international conglomerate. It’s such a challenge keeping airlines afloat in this difficult time, but is important as you point out. Competition has significantly decreased here in the US in the last 20 years which has driven up prices, seen the appearance of more and more fees, and decreases in service. Fortunately, we do still have a handful of airlines here to maintain some level of competition. Australia going down to 1 full service airline would pose lots of challenges to air travel. Hopefully, Virgin Australia can emerge from this stronger in the end.

[@JaydenWong]

Etihad is partnering up with a capital management firm today to save Virgin Australia, hopefully everything will turn out well🤞🏻thanks for watching Mike!

[@ningboflyer3871]

Wow, a great video with solid points. Although I don't fly often within AU, I found out that most of the time VA is cheaper than QF. Before pandemic, VA and HX offered a promising price between AU and mainland China via Hong Kong.

[@JaydenWong]

thanks for watching mate! Yeah the good old days didn't last long :(

[@raymondleongdiva]

Best video you have produced and you are right ...this pandemic would put Australia into a recession for the first time...and yes virgin will be saved!

[@JaydenWong]

thanks kor kor! Australia has not had a recession in over a decade, not even during the GFC, Virgin going away will just make thing worse🥵

[@raymondleongdiva]

@@JaydenWong virgin will not I am confident the govt will and must have another airline or Qantas ceo will be even more arrogant than he already is!😷❤😘🤗

[@danielintheantipodes6741]

Thank you for the video!

[@JaydenWong]

My pleasure! thanks Daniel!

[@daninmiami5108]

😓😓 the little man makes me proud! Jayden, great job. ANA, goes where ? 😂😂 ❤️

[@JaydenWong]

Nani???

[@ice12984]

I personally don't like it cause every time I've flown it's been with them and I've always got 10 hour delays

[@eastendchico7503]

Thank you for your fair comment, this is what we need in our aviation industry! There are too many airline giants in the world, without Virgin Australia and Virgin. Atlantic UK, there will not be any competition within the industry, at the end, the general public will be the one who suffered! X

[@JaydenWong]

Thanks for watching! Yep also they reason why Virgin can be so innovative is because there's competition. Now companies are testing flying cars also because of competition (they want to become the first to launch it). Reason why Qantas won so many awards was they had to be better than Virgin!

[@EdinTse]

Definitely agree that VA should be here to compete with Qantas. A favourable competition environment means that both QF and VA can improve continuously, and thus providing better travel experience to everyone around the world :)

[@JaydenWong]

yep Edin mate! Competition has endless benefits

[@BayAreaTraveler]

Very nice assessment of Virgin Australia. Just curious to know where were you landing at 2:40? The scenery is quite nice.

[@JaydenWong]

thanks mate! I was landing at Cairns, Australia :)

[@pierrenine5775]

Good work Jayden! It`s just a pity that Virgin had been run into the ground financially for so many years, leaving it in such a vulnerable state at this time. Under the new CEO things were beginning to turn around, but it was too late. It`s now all out of our hands, and we can only hope for an outcome that allows Virgin to fly again in some form. I think it may have to be a scaled-back operation, as there will be little appetite initially for international travel. There will certainly be enough demand to support two carriers on the domestic market though.

[@JaydenWong]

Today Etihad is partnering up Oaktree Capital Management to save Virgin and I hope everything will turn out well! I guess keeping domestic operations is more important for two reasons, (1) they're not very competitive on internationally anyway, although they did bring prices down a lot (2) if they continue to fly within Australia and bring prices down if may make VA haters become lovers (I was one of them🤫)

[@katsu2804]

Very insightful video! reminds me of DJ's aviation

[@JaydenWong]

haha thanks for watching mate!

[@gabrielsleiman5552]

I agree with all your reasons amazing video one world flyer.

[@JaydenWong]

thanks Gabriel!

[@antonleung1282]

How would the Australian aviation be like if Ansett still exist?

[@JaydenWong]

I don't think there'll be Virgin Australia😂

[@MrKirbstaroz]

Very nice video and presentation. We do need a extra airline to make the price down for airfare and keep all the workers at work. It is a good benefit for Australia consumer. All the best.

[@JaydenWong]

yep exactly, not just the interest of the foreign ownerships but Australians too and some don't realise. thank you for watching :)

[@brownbear1657]

I can definefinetly verify that flying YVR-YYZ (Vancouver - Toronto) is very expensive, WestJet isn't that good althought they are upgrading with the new 787s, so whenever I fly I always look out for Air Transat, cheapest prices and best service

[@JaydenWong]

hopefully with the WestJet 787 debut on YVR-YYZ they can bring the price down, the small aircraft they're currently using on that route is probably a reason why AC seems to dominate the route. thank you for watching!

[@brownbear1657]

@@JaydenWong Yeah, I doubt it tho, Transat does fly some a330s transacon but mainly from Calgary, although the new a321s are very good

[@user-ib2nv2ht4f]

I only fly with Qantas and Alaska Airlines!. Best Pilot in the world!. Great Service!. Great Air Mileage plan!. Great for oilfield workers!.

[@ifly1]

Nice video! I'm supposed to be in PE!!!

[@JaydenWong]

hahaha PE or youtube?

[@geegor2112]

Cool video!

[@JaydenWong]

Glad you enjoyed it!

[@roderick3778]

Nice work mate. I'm a Qantas fan but I do want Virgin to remain in business.

[@JaydenWong]

Thanks Roderick! I’m the exact same here :)

[@NowGetThere]

Australia definitely needs Virgin Australia to survive to keep competition in the market to keep prices at a reasonable rate. I also hope that TigerAir also survives to provide a choice of budget airlines against Jetstar.

[@JaydenWong]

The two bidders don't seem like they want to keep Tigerair but we'll see what happens next week!

[@mred3608]

While I do like virgin remember that a lot of other industries are screaming out for bailouts too that will have to be paid back by future generations. Virgin is majority foreign owned so Australian taxpayers would in effect be underpinning their losses. The airline was underperforming before these recent events that were the catalyst for its current situation. If it survives probably a large equity injection will be needed. Are the parent entities willing or able to procure such from debt or raisings considering that it already has a heavy debt burden? Competition is of course desirable but Virgin being bailed out is not necessarily the only option. It might arise that another company might take on the assets of bankrupt Virgin to form a new airline (minus the debt). The gov. Might take an equity stake. A number of scenarios are possible. Hope it survives but whatever happens it's going to be a very rough road for it.

[@JaydenWong]

I agree with you Mr Ed, I think a government bail out should be a last option. Obviously their shareholders can't fund Virgin right now because they're struggling themselves. So hopefully Virgin will see new investors coming in

[@980056]

Very deep and great analysis. How many hours did you spend to this video?It is same as Hong Hong airline vs Cathy Pacific .If Hong Kong Airline go bankruptcy,the fare of Cathy Pacific must become more expensive

[@JaydenWong]

not too long, about two hours :) Quite different I'd say. HK government is currently offering subsidies for both airlines. Also the competition between Cathay and HK Airlines isn't as intense as Virgin and Qantas IMO. Cathay faces more competition from Singapore Airlines, the Middle Eastern airlines and Chinese airlines.

[@craigwillis3372]

Sadly Jayden I remember the days of Ansett Airlines which went down the same path...and re emerged as Ansett Mark 2...but not for very long !! Hence the birth of Virgin Australia.Various reports I have read say they are 7 Billion dollars in debt...more than was thought at first !! Well done as always Jayden.I am a Platinum FF with Virgin and like you have always enjoyed flying with them and have got to know many of their crew based in Melbourne.I really feel for them in these most awful times. Right Here Right Now...VA we LOVE you !! I might send this link to the Prime Minister !! I have heard that IF they survive it will be as a domestic airline only and the A 330 and B 777 will be divested from the fleet...such a shame but lets wait to see what happens. Stay well mate !!

[@JaydenWong]

I got to know a lot VA crew from KZbin too so it's very sad for me to see what's happening right now😢Etihad today still seems very interested in saving VA and is partnering up Oaktree Capital Management to work out something💵I hope everything turns out well! Cheers Craig!

[@craigwillis3372]

@@JaydenWong Thanks mate...let us hope they are indeed saved !!

[@pradiptarezasyahruna4487]

I think there are 2 full service airlines in Canada : AC & Westjet

[@JaydenWong]

Yep you're right but I didn't mention about Westjet because in terms of fleet size, number seats and a few other factors, they're not on par with Air Canada yet, Westjet is still expanding and I'm excited to see how far they can reach! thanks for watching!

[@Nottsboy24]

Super cool 🙌👌👍

[@JaydenWong]

Thank you! Cheers!

[@AndrewHazelleTravels]

Hey this video is awesome! Also, has so much to do with the aviation management course u’re studying now right?

[@JaydenWong]

supposedly yes, but all this happened during the semester break so the chance we'll discuss about VA is slim. Also the nature of the courses I undertake right now (economics, aviation marketing, aviation law, human factors) won't really talk about individual airlines success and failure but rather how they advertise, how good or bad their company culture is etc. 😬 thanks a lot for watching mate!

[@DGflyssolo87]

Honestly this was an interesting take on it. I worked as airline airport customer serivce for 5 years and now I'm a travel agent and clearly in the Aussie market is different to what we have on this side. It's true you do need the competition to keep everything you said going fares, jobs, connecticity and connections but the problem right now for all the airlines is even if they get the financial backing they want will the demand for travel still be there. The Internation Air Transport Association has already put out a grim forcast for fhe 2nd hald of 2020 and 2021. Imagine owing all this money but even fewer customers to get revenue. Then the politics of the different regions play a role in every airlines game. Like the fact how recently Lufthansa has agreed to grant minority shares to the German government as part of the bailout. Where fully privatised airlines will have to sell shares back into their respective governments. Another problem is going to be legisation and airline structure. One thing I'm glad you did correctly was compare domestic fares initially which is the correct way to do it. You don't compare the 2 because thats like comparing fresh water and sea water. Either way great video and let's hope for the best

[@JaydenWong]

Thanks very much for watching and sharing your thoughts on this one. It's interesting how you mentioned about the IATA forecast and whether future travel demand will be there. American Airlines is retiring their older fleet in bulk which they wouldn't have done otherwise. I guess they must have thought this through. Thanks again for your input, it was interesting to read your comment and yep let's hope for the best :)

[@smallwhiteaviation]

9th lol btw I think Jayden can do a Q&A live stream and chatting with us

[@JaydenWong]

probably :)

[@pommydiva1]

thank you for the price information you have told us about. it is a shame if we lose Virgin, as we DEFINATELY need competition with airlines to keep prices down. but saying that.. id be happy to pay that little bit more to have a cuppa and snack, or a meal on a flight so that the flight feels just that 'little bit more special'

[@JaydenWong]

I’m soooo glad Virgin is back up and running, plus they just reopened some of their lounges! Shame I won’t be flying in the next weeks! Next time I fly Virgin, I’ll have lots of biscuits and tea in the lounge. Might take some onboard too😂😂

[@pommydiva1]

@@JaydenWong haha why not (if your allowed) :)

[@mahmoodsoleja9068]

Very well explained ! Lots of love 💚 INDIA 🇮🇳. 👍

[@JaydenWong]

Thanks as always! Hope you’re doing well!

[@DavidLee-tn3mo]

Fantastic review of the Australian aviation competition thus far. I do hope Virgin survives and keep their competitors especially Qantas on their toes. It was dismal to hear however that the majority of shareholders are 2 large Chinese businesses, SIA and to a small proportion, Richard Branson. As an Aussie I do wish our regulations and laws on foreign ownership should limit this in all industries. While as an Aussie supporting a company that supposedly is Strayan, it isn’t though is it? So hopefully there are at least 7 entities vying to have Virgin and I hope that at least 75% of shareholders are Strayans and profits ...or losses...stay within our national pride 🇦🇺🇦🇺🇦🇺

[@JaydenWong]

I agree as a national interest, regulations and laws on foreign ownership should have a limit. It'd be amazing if those 7 entities are Australian (and Australian-owned). We have such laws in Hk that didn't allow Jetstar HK to takeoff. But it's not easy to change this regulation in Australia, they are many firms in Australia with foreign ownerships. I see foreign ownerships a good thing actually, not just in Australia of course, because it works the other way round. A report in AusTrade says: Though foreign-owned firms accounted for approximately 0.5% of the total estimated number of businesses in Australia, they employed almost one million workers (accounting for 8.7% of total business employment in Australia), and contributed over $220 billion to the Australian economy. I see still Virgin Australia Australian because it is an Australian-registered company, even though it's mostly foreign owned. It's like Cathay Pacific, I don't see it as a British, Qatari or Chinese company. Thanks very much for your thoughts David :)

[@832JY]

Here in Malaysia, we have 3 types of airlines that cater to individual budget. They are MAB (formerly known as MAS) as the main full service carrier, Malindo Air as the hybrid carrier (similar business model as Virgin Australia) that serves domestic and regional destinations including Australia, and AirAsia as the low cost carrier. Very sad that I could not try Virgin Australia when I visit Australia domestically 😢

[@JaydenWong]

Hopefully they'd still be here when you come visit Australia💪🏻

[@Brucetiki1]

My default preference is currently Qantas for a number of reasons, but keeping Virgin is very important. I, too, think Virgin will survive (though I don’t think Tiger will survive). They were starting to head in the right direction before heading into administration. Also, I must get different staff to you, the last few times I’ve flown VA the staff have been, at best, indifferent.

[@JaydenWong]

agree I generally fly more with Qantas because of they're part of oneworld. Sorry to hear that you've had not-so-great experience with VA! Thank you for watching :)

[@foodandtravel6853]

I 100% agree with you, we need virgin Australia, but I believe they should join an Alliance so they will be able to survive even more

[@JaydenWong]

Hopefully they can! What stops them from doing so is their investors who are now also in trouble

[@dbf240573]

hopefully all airlines will remain on business after this pandemic, so air travel will be affordable to anyone, as before. With choices suiting everyones budget and competition making everybody eligible to travel worldwide- My best wishes to VA and all airlines

[@JaydenWong]

couldn't agree more, thanks for watching!

[@kathmmedia]

I have used VA mainly for domestic use when I travel throughout Australia. Service is so much better than Qantas however their lounges are well below in what Qantas offer.

[@JaydenWong]

Thanks for watching! Agree while Virgin lounges are better than Qantas clubs, they can't beat the Qantas business lounges

[@kathmmedia]

@@JaydenWong I meant Virgin lounges are below standard. I love the Qantas Club plus Business & First class lounges.

[@pure7133]

Sounds like your final paper ... Hope you could be one of the negotiator for Virgin or local GOV to voice out

[@JaydenWong]

haha I hope final paper will be this easy!

[@bendomingo9508]

As a Velocity member, I was about to use all my points on a world tour. Shame I can’t

[@JaydenWong]

hopefully soon we can!

[@bendomingo9508]

One World Flyer I agree

[@jcr150658]

Got rid of all my points last year, February 2019. They were going downhill back then.

[@riveroswald]

I can’t remember where I have seen the news but Velocity is running by anther company instead of Virgin Australia. Therefore, you might still have a good chance to use your points and fulfil your dream.

[@tamsiukwan31]

You love both VA and QF equally coz you have frequent flyer status with them! 😎 To show that you are impartial, you should make a video why you love Qantas too! 😂 and one for Jetstar, one for Tigerair etc. 😉

[@FromtheWindowSeat]

Ha. Not much point in making videos for Jetstar or Tiger, as Jetstar is fully owned by Qantas and Tiger by Virgin. ;)

[@JaydenWong]

haha if Virgin Australia collapses it'll be a big Qantas-Jetstar monopoly, Qantas might as well get rid of Jetstar Australia. thanks for watching!

[@FromtheWindowSeat]

One World Flyer Not really as they are different business models with different types of customers. Some people don’t want a full service airline - just the lowest fare. If Qantas abandoned Jetstar then a new low cost operator would set up for sure, so Qantas won’t leave that gap in the market.

[@marcy1100]

I live in AUCKLAND, And VA is my fav !!! hope they will be fine sooner

[@JaydenWong]

thanks very much for watching Mark :) have a good weekend!

[@JoshuasPHXAviation]

Nice video👍👍👌. Liked

[@JaydenWong]

thank you!

[@JoshuasPHXAviation]

@@JaydenWong You're welcome😁

[@gsilverstone]

So true! Most people don't realize how hard it is to operate an airline. It's so ridiculous to read comments by people how we should let airlines fail because they didn't give them sufficient legroom or something else. They really don't realize closures will raise prices!

[@JaydenWong]

yeah Georgie :( Given the global situation now and future higher barrier to entry, I don't see a new airline is feasible if Virgin go bust. thanks very much for watching as always!

[@Aviation_traveler]

Wow beaitiful video

[@JaydenWong]

Thank you so much :D

[@Aviation_traveler]

Ur welocme and go on showing such beautiful videos

[@ronaldw2453]

The population of the US is 15 times that of Australia, that makes a big difference and that is a problem.

[@thomaswang2267]

Good one. I have the same feeling if HX collapses too. Cathay Pacific would increase the price and don't focus too much on service.

[@JaydenWong]

I personally don't think Cathay will be able to increase the price as much as Qantas could. The market share that Cathay already has now is already huge compared to Qantas. Besides CX's major competitors are probably other foreign airlines (SQ, EK, CZ) more than HX even though it's based in HK! thanks for watching and sharing your thoughts Thomas!

[@thomaswang2267]

One World Flyer I would think HX is rather a major competitor When passengers fly from/to HK or regional destinations haha(direct completion）. You are right on SQ，EK，CZ are major competitors When it comes to long haul transfer(Europe to Asia Pacific ). Just my thoughts haha

[@claudexu4539]

Virgin Australia can’t price their ticket higher than Qantas and Virgin Australia is expected to record further loss in next 1 to 2 years

[@JaydenWong]

one airline offers more connection than the other, Virgin is more destination-to-destination so they have quite a different pricing strategies :)

[@claudexu4539]

And sadly Virgin Australia suspended air network to Asia permanently

[@JaydenWong]

yeah :/ very sad though it wasn't inevitable

[@syc9675]

Have never flown Virgin Australia but I think it’s very important for Australia. They need to have a strong competition. I have heard that South African Airways is on the brink of collapse. The South African airways have not made a profit since 2011. South African Airways have suffered financial losses since 2013.

[@JaydenWong]

Hopefully a new national airline in SA will be stronger💪🏻situations there are much more devastating

[@noahgillies4935]

In Canada we have westjet who operate many flights from Toronto to Vancouver

[@JaydenWong]

Thanks for watching Noah! I didn't mention about Westjet in the video because of fleet size, number seats and a few other factors, they're not on par with Air Canada yet. From Toronto to Vancouver alone, AC has more flights and the aircraft used is larger; whereas in Australia, Virgin domestic is almost as big as Qantas domestic. Westjet is still expanding and I'm excited to see how far they can reach! thanks for watching!

[@Thomas1980]

Super Video👌

[@JaydenWong]

Thank you :)

[@flighttex3574]

An amazing video again One World Flyer! All the reasons you stated in the video are absolutely correct! In my opinion, the Australian government should give Virgin Australia a loan but on condition that the loan can only be used by Virgin Australia and not its foreign owned companies and Virgin Australia has to come up with a plan to return to profitability within 2-3 years once the pandemic is over if not the Australian government will be able to seize all of Virgin Australia's assets. Really hope Virgin Australia survives! I love their livery and service and they are an amazing alternative to Qantas!

[@JaydenWong]

thanks for watching Caden! If the government does offer a bail out, the condition you mentioned is very fair and reasonable👍🏻and besides Qantas needs competition too, the Qantas CEO said it himself. Competition pushes the airlines to do better :)

[@ritchieli5654]

Wow, it seems like an aviation economics lecture or your case study. :)

[@JaydenWong]

hahaha! I wish it is this easy!

[@kbroadhead10]

I remember how high fares were in the Ansett/Qantas duopoly days, and what a difference Virgin Blue had started to make before Ansett closed down. (Many people felt that Ansett service was better than Qantas). I agree that we need competition in the aviation market, but I'm not convinced that Australian governments should be investing to save this private company. Hopefully adminsitration will allow VA to restructure expenses, attract further private investment, and most likely ditch its medium and long haul routes (sorry OWF, butthey were also an expensive fail for Ansett, even before the 767 pylon cracking killed their domestic share).

[@JaydenWong]

yeah ideally VA can survive through new investors coming in without government support, that way it's good for the tax payers and the economy itself. thanks for watching!

[@jackalchung]

Third👏 Yay

[@JaydenWong]

fourth!

[@jackalchung]

One World Flyer oh

[@jackalchung]

One World Flyer Keep Up Your Good Job Love All Of Your Videos My Friends As Well

[@timchang3036]

LOL! I dont think i requested Canada as an example but thanks LOL! Yeah pretty expensive its mostly $600 CAD when its on season............ Y VR YYZ Maybe I should make a canadian version???? Although, im not that famous😄 Maybe ill be thinking of ANA and Virgin Australia if we come back to normal.. im a geek for ANA😁

[@JaydenWong]

yeah Tim you should try a Canadian version! Perhaps you get viral from that😉thanks very much for watching!

[@theknightaviation]

#savevirginaustralia

[@JaydenWong]

yes Lucas!!

[@JasonB95]

Competition is necessary for any healthy airline market. Virgin Australia is a critical service for the Australian people and provides them with a choice when flying. I'd hate to see them go but let's see how this administration goes.

[@JaydenWong]

Agree! I'm quite optimistic and I have my popcorn ready :)

[@vitojohnamato]

We sure do !

[@JaydenWong]

thanks for watching as always!

[@CLeungistravelling]

I do support the retainment of VA :)

[@JaydenWong]

🤞🏻hope good news come soon

[@douglaslandry7740]

Just so you know we have several domestic airlines in Canada outside of Air Canada and WestJet air transit What is the discount airlines in Western Canada is swoop and there’s other discounts airlines and northern airlines that serve the Northwest territories exclusively and this is all within the domestic industry

[@JaydenWong]

thanks for watching :) I guess intention of the video was to show the importance of keeping a major airline alive when there's only two left, so I didn't mention Rex and Alliance in Australia; Alaska and Jetblue in the US etc

[@jetajeta7464]

Maybe the reason Qantas charge higher prices is to maintain the safest airline again awarded this year even during a pandemic. Will always take safety over service.

[@paciic]

Why is Australia important to Australia

[@JaydenWong]

😂

[@jenshellmuth5217]

Jayden, at 06:45 u are saying it is 666 people working in travel-related industry but your written content is mentioning 666k witch makes surely more sense. Also FYI, Finnair (before the Crisis) is also deploying a pure HK cabin crew on their routing between HKG and HEL.

[@JaydenWong]

haha opps! Oh what I mean about Virgin Australia is that they're using Hong Kong Airlines crew! They wear HX uniform! So a mix of HX and VA cabin crew on HKG-AUS flights. It'd be amazing to see CX staff on other oneworld flights 😂 By the way, did Finnair lay off HKG based staff because you said 'before the Crisis'?

[@jenshellmuth5217]

Absolutely nobody knows what will happened once the corona crisis is over and therefore I prefer the wording „before the crisis“ when it is proved, AY used HK based cabin crews on their way to Finland 🇫🇮