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Virgin Blue announces major restructuring

Virgin Blue Group CEO John Borghetti launched a radical shakeup of the airline, including plans to cut routes where it faces stiff competition from Jetstar and Tiger Airways while chasing a 15% increase in corporate business on key routes from Perth.

Virgin Blue Group CEO John Borghetti launched a radical shakeup of the airline, including plans to cut routes where it faces stiff competition from Jetstar and Tiger Airways while chasing a 15% increase in corporate business on key routes from Perth. Borghetti, a former Qantas executive who took over the company last month (ATWOnline, March 3), yesterday outlined the restructuring of Blue and its international offshoot V Australia, revealing that the airlines will abandon routes such as ...

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