Virgin Australia to review all current supplier agreements as part of cost reduction

28 August, 2019

Virgin Australia announced (28-Aug-2019) all existing supplier agreements will be reviewed with the intention of supporting improved profitability outcomes. These include agreements with aircraft lessors, airports and other suppliers. The review will focus on improving the commercial benefits to the group across its supply chain, targeting cost savings of at least AUD50 million (USD33.6 million). [more - original PR]