Virgin Australia is an Australian low-cost airline and the second largest airline in Australia. Virgin Australia is the largest airline in the Virgin Group with the largest fleet of aircraft. Virgin Australia was founded by British businessman Richard Branson's Virgin Group, and in 2011, the Virgin Group unified Virgin Blue, Pacific Blue and V In 2011, the Virgin Group unified "Virgin Blue", "Pacific Blue" and "V Australia" into "Virgin Australia" and officially adopted the new name on May 4, 2011.