Virgin Australia will cut domestic capacity by 90 per cent and has followed Qantas in standing down 8000 workers.
The cuts will take effect from midnight, Friday, and include the grounding of 125 aircraft. Tigerair will suspend all flights immediately.
Chief executive Paul Scurrah said, “We are talking to our teams and we are working hard to do what we can to protect jobs and extend payments for as long as possible.”
The airline group will also retain 10 per cent domestic capacity retained for transportation of essential services, critical freight and logistics.
The domestic cuts will take effect from midnight Friday 27 March until 14 June 2020. This is in addition to suspending international flying from 30 March to 14 June 2020, and the closure of all Virgin Australia operated lounges across the network.
More to follow…