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Desperate times for Virgin Australia

Virgin Australia is axing 750 office positions as it tries to reduce costs.

The airline has posted it’s seventh annual loss, down $315 million last financial year due to higher fuel costs and a weaker Australian dollar.

The carrier is also re-considering every route in its network as it tries to claw back savings.

Executive Traveller Editor David Flynn told Oly that the newly minted CEO Paul Scurrah is wasting no time in conducting a sweeping review.

“Everything is on the table. Nothing is ruled out

“They are looking at routes, they’re looking at the fleet, they’re looking at cost savings through their suppliers and to slash about 30 per cent of their corporate and head office workforce.”

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Oliver Peterson
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