Virgin Blue institutes new cost-cutting measures

Virgin Blue's 50th Aircraft special livery

Virgin Blue Airlines (virginblue.com.au) (Brisbane) is taking new measures to cut costs including moving four Boeing 737s to international routes, assigning two other aircraft to “spare” status and imposing a hiring freeze.  The company lost A$101 million in the six months ending on December 31, 2008.

Copyright Photo: Virgin Blue Airlines (virginblue.com.au) Boeing 737-7FE WL VH-VBY (msn 34323) (VB’s 50th Aircraft) SYD (John Adlard). Image: 900392.

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