Virgin's AGM (6 Nov), though linked article says next week, up to 3% cut in capacity for domestic due to weakening economy, routes planning for increases for second half off the table now
VA is also planning to release group strategy next month, though review on all routes may not be announced until Decemberhttps://www.theaustralian.com.au/busine ... de37a3f278
Thanks for the update even though it's not the news we wanted to hear. Hopefully there is a statement released on 6 November with the details.
The domestic market may be weakening, but when the top 10 routes are all over 80% load factor, with six over 85%, during August, things can't be too bad (the usual caveat about unknown yields applies of course).
Related to this, VA has recently added an extra weekly HBA-PER on Sundays from mid December until the end of January, and an extra weekly HBA-SYD on Mondays from the beginning until the end of January. Looks like they have some faith in HBA's 7.5% growth in August despite the national plateau.
With regards to these extra HBA services, I'm curious in situations such as this as to whether VA typically attempts to balance loads by seeking changed itineraries from existing passengers from full connecting flights to the initially empty new non-stop flights?