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 countrys 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 QAN.AX for corporate travellers involving lavish airport lounges, celebrity chefs and lie-flat business seats on longer domestic flights.
Unusually for airlines …
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