Virgin Australia closes budget offshoot

6 August, 2020 12:00 AM printer

SYDNEY: Pandemic-struck airline Virgin Australia announced Wednesday it would close budget subsidiary Tigerair Australia and lay off 3,000 staff as it prepares to relaunch under new owners.

The carrier is attempting to revive its fortunes following its decision to go into voluntary administration in April shortly after Australia closed its international borders and domestic travel plunged, reports AFP.

Virgin Australia said in an announcement to the Australian Securities Exchange on Wednesday that it would axe its budget Tigerair Australia brand and 3,000 jobs while retaining 6,000 staff.

It would also continue the suspension of long-haul international flights and retire part of its fleet, with the country’s borders likely to remain restricted into 2021.


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