Virgin Australia axes more flights, reduces bonuses to cut costs

Virgin Australia has cut more flights and reduced executives’ fees in an effort to weather the coronavirus impact on its bottom line.

The beleaguered carrier will also seek relief on government charges in a bid to reduce costs.

The airline flagged reductions in its Los Angeles, Japan, and Trans-Tasman services, as well as the exit of Auckland services between Tonga and Rarotonga.

Virgin Australia has also temporarily cut its chairman and independent board director fees by 15 per cent and frozen management bonuses.

Virgin Australia passengers with changes to their bookings will be contacted directly with alternative travel arrangements including refunds for any routes that the group is no longer servicing.

Passengers with new or existing international bookings through June 30 have the option to change their flight to a later date and/or to a different destination, without incurring any change fees.