MIL-Evening Report: Cutbacks may keep Virgin Australia alive for now, but its long-term prospects are bleak

– By Mark Melatos, Associate Professor of Economics, University of Sydney. Virgin Australia’s plan to sack about 3,000 of its 9,000 staff, axe its budget brand Tigerair, streamline its fleet to only Boeing 737s and suspend long-haul international flying indefinitely should come as no surprise.


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