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The Qantas and Virgin groups have hinted they’ll make further cuts to their domestic schedule after a series of travel bans and restrictions announced on Sunday.
Alan Joyce has warned Scott Morrison not to nationalise Virgin Australia despite the coronavirus crisis threatening its business.
Qantas Group shares came perilously close to dropping below $2 on the day the airline announced it was suspending two-thirds of its staff.
The Qantas Group this morning announced it would suspend two-thirds of its 30,000 staff and cancel all international flights from late March.
Prime Minister Scott Morrison has lifted the country's travel ban to a level four, the highest, advising Australians not to leave the country.
Qantas announced on Monday yet more cuts to its flying schedule, days after Prime Minister Scott Morrison urged anyone arriving in the country to self-isolate for 14 days.
