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Home Business News New Virgin Australia strategy spells end of business travel arms race

New Virgin Australia strategy spells end of business travel arms race

By Jamie Freed

SYDNEY (Reuters) – Virgin Australia looks set to cut basic fares and start charging fees for items like checked baggage and food under new chief executive Jayne Hrdlicka, prompting a wider industry shake-up as the country’s airlines reawaken from the coronavirus crisis.

Virgin’s shift from being a full-service carrier will also mark the end of a decade-long arms race with Qantas Airways Ltd

for corporate travellers involving lavish airport lounges,…

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