Slimmed-down Virgin is match fit to take on Qantas

The glimpse of what the remade Virgin will look like after it emerges from administration and COVID-19 hibernation is exactly what Qantas wouldn't want to see.

Now it has an owner in Bain from which it can tap additional financial support, sufficient to see the airline through the increasingly protracted period of being effectively grounded. And if Virgin lives up to its management’s hype, when flying begins again its fares will be pitched at a better price point.

, it's the expectation that 6000 will be retained over time and that after normal flying levels restart, the staff numbers could reach 8000. This will depend on whether or when Virgin resumes flying long haul routes. The reduction in staff numbers is just one part of a radical cost overhaul that Virgin’s management and administrators were able to execute. The enterprise bargaining agreements will be altered, the onerous contracts have been exited and the airline will jettison all aircraft types other than the Boeing 737 - a move that brings with it significant cost savings in leasing and maintenance.

smh becomes propaganda arm for Virgin . . . who is driving this narrative?

Negative. The slim down Virgin is more likely to match Jetstar - NOT Qantas.

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