SXR on Australian Securities Exchange

Virgin Australia Regional Airlines

Regional airline of Australia

Virgin Australia Regional Airlines (VARA) is an Australian regional airline based in Perth, servicing key towns in the state of Western Australia as well as interstate destinations such as Adelaide and Darwin. Formerly known as Skywest, in April 2013, the airline was purchased by Virgin Australia Holdings as its new regional offshoot.2 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

1963Founded1

Compare with another stock.

VH-FVP 'Wategos Beach' ATR 72-600 Virgin Australia (Skywest Airlines) (10753806756)
Photo: Robert Frola, GFDL, via Wikimedia Commons3

Virgin Australia Regional Airlines (VARA) is an Australian regional airline based in Perth, servicing key towns in the state of Western Australia as well as interstate destinations such as Adelaide and Darwin. Formerly known as Skywest, in April 2013, the airline was purchased by Virgin Australia Holdings as its new regional offshoot.2

How it started

Early years

Virgin Australia Regional was formed in 1963 as Carnarvon Air Taxis flying charter flights with small general aviation aircraft out of Carnarvon, Western Australia. In 1979, it changed its name to Skywest Aviation and moved to Perth's Jandakot Airport. In 1980, Skywest Airlines was formed (ICAO code OZW), based at Perth Airport, and acquired Stillwell Airlines and its routes; the combined fleet included 39 aircraft, making it the second largest commuter airline in Australia at the time. The Skywest Airlines fleet included a mix of general aviation types and small airliners including GAF N-24 Nomads, Embraer EMB 110 Bandeirantes, Beechcraft King Air 200s and Fairchild SA-227 Metro IIIs, as well as smaller types such as Cessna 182 Skylanes and Piper Aztecs.

In 1982, the controlling companies merged Skywest Airlines with Transwest Airlines. At the time Skywest operated 16 aircraft and TransWest 25.

Then in 1983, it was proposed to merge Skywest with East-West Airlines, both were owned by the Devereaux group. The merger did not eventuate, but east–west operated flights in Western Australia on Skywest's behalf. In 1987 Skywest lost the Government Coastwatch contract, which severely weakened the business. The company was bought out by the Perron Group and then on-sold shortly thereafter to TNT/News Limited and began operating under the Ansett banner. The east–west aircraft were divested for operations in Queensland and were later absorbed into Ansett. At this time, Skywest was operating most of its services with five BAe Jetstream 31s.

In 1998, Ansett introduced Fokker 50s into Skywest service.

Development since the 2000s

From Wikipedia’s article on Virgin Australia Regional Airlines, shared under CC BY-SA 4.0.2

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 1963Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3