Category: Virgin Australia

Alan Joyce has pledged to maintain a handful of international flights beyond Qantas’ March grounding to bring stranded Australians home.

Qantas Group shares came perilously close to dropping below $2 on the day the airline announced it was suspending two-thirds of its staff.

Virgin Australia shares remained steady despite the airline earlier announcing it was to cut all international flights and cut domestic capacity by 50 per cent.

Prime Minister Scott Morrison has lifted the country's travel ban to a level four, the highest, advising Australians not to leave the country.