Virgin Australia CEO Says May Reconsider Some Routes, AFR Says

Co. could stop operating on some marginal routes in northern Australia if govt opens up sector to other international airlines, adding to competition, Australian Financial Review reports today, citing Virgin CEO John Borghetti.

  • Demand from leisure travelers expected to be “very soft” over next 6 mos. on weaker Australia economy, Borghetti quoted as saying at a Sydney conference Friday
  • NOTE: Australia’s govt considering plans to allow international airlines to carry passengers between domestic airports in parts of northern Australia; link
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