iscover
The Qantas and Virgin groups have hinted they’ll make further cuts to their domestic schedule after a series of travel bans and restrictions announced on Sunday.
Qantas Group shares came perilously close to dropping below $2 on the day the airline announced it was suspending two-thirds of its staff.
Scott Morrison announced all non-residents and citizens will be banned from entering Australia on Friday.
Virgin Australia shares remained steady despite the airline earlier announcing it was to cut all international flights and cut domestic capacity by 50 per cent.
Prime Minister Scott Morrison has lifted the country's travel ban to a level four, the highest, advising Australians not to leave the country.
The Virgin Australia Group has suspended all international flights from 30 March to 14 June, and will reduce domestic capacity by 50 per cent for the same time period.
