Virgin Blue watered down speculation that 400 employees will lose their jobs but announced a capacity cut flagging an end to some of the heavily discounted airfares being seen in the region. The airline plans to reduce capacity by 8% over the next 12 months by withdrawing five of its 76 aircraft from service. A spokesperson told ATWOnline that "some of the 400 staff affected" will be transferred to its new long-haul airline V Australia. Like many carriers, Blue also is looking at options ...

Subscribe to Access this Entire Article

"Virgin Blue to ground aircraft to boost fares" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.