Virgin Australia will launch its own cargo service from 1 July following the end of its current contract with the Toll Group on 30 June. The move is a part of the Group's Virgin Vision 2017 strategy. The launch of Virgin's own cargo service will bring it in direct competition with Toll and Qantas in the air-freight market. Virgin has a strategy team in its Sydney office that concentrates on freight. The company is currently targeting revenue between US$150 million and US$200 million from its … [Read more...] about Virgin Australia to launch own cargo business