Qantas and Virgin both lose to Jetstar in May cancellations

The jet was carrying 64 people when the incident occurred at Ronald Reagan National Airport near Washington on Thursday, sparking a huge search and rescue operation.

CEO Alan Milne’s comments come after the AFR reported the Government is considering buying out investment firm PAG’s debt from Rex to have more say over the outcome of the administration process, which has been extended to the end of June 2025.

Virgin expects to fly nearly 500,000 seats per week across its domestic and short-haul international networks in the December-January holiday period, or up to 3,000 weekly flights.