Virgin Blue institutes new cost-cutting measures

February 24, 2009

 

Please click on photo for full view and caption.

Virgin Blue Airlines (virginblue.com.au) (Brisbane) is taking new measures to cut costs including moving four Boeing 737s to international routes, assigning two other aircraft to “spare” status and imposing a hiring freeze.  The company lost A$101 million in the six months ending on December 31, 2008.

Advertisement