Virgin Australia’s schedule shrinks to a single route
Virgin Australia’s flight operations have now virtually ground to a halt.
It will operate just a single route connecting Sydney to Melbourne which runs six days a week.
Admitting demand ‘all but dried up,’ Australia’s number-two carrier had already reduced capacity to just 10%.
"We are doing everything we can to preserve our cash balance, and given we are seeing little to no demand on our existing skeleton schedule, it is appropriate that we reduce our capacity further," said Stuart Aggs, Virgin COO.
Virgin will continue cargo flights and assist the government with chartered repatriation flights from overseas.
Virgin doesn’t intend to reinstate any more domestic passenger flights until at least June 15.
Surviving until then may be dependent on it getting a financial aid package from the government.
It has asked for a $1.4 billion loan.
Virgin has temporarily laid off about three-quarters of its 10,000 employees.
Federal Transport Minister Michael McCormack said the government continues to ‘talk to airline executives on a regular basis as we navigate this unprecedented situation.’
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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