{"id":728536,"date":"2026-04-15T00:49:17","date_gmt":"2026-04-15T00:49:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/728536\/"},"modified":"2026-04-15T00:49:17","modified_gmt":"2026-04-15T00:49:17","slug":"virgin-to-trim-domestic-flights-ahead-of-fuel-cost-rising-by-up-to-40m","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/728536\/","title":{"rendered":"Virgin to trim domestic flights ahead of fuel cost rising by up to $40m"},"content":{"rendered":"<p class=\"paragraph_paragraph___QITb\">Virgin Australia will slightly reduce domestic flights in the next few months as it faces a hit from fuel costs due to the Iran war.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The airline will cut its domestic capacity by 1 per cent in the three months to June 30.<\/p>\n<p class=\"paragraph_paragraph___QITb\">It expects fuel costs to be $30-40 million more than it had previously expected in the second half of this financial year.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Virgin said its fuel suppliers had provided assurances about near-term aviation fuel supply &#8220;to support its operations well into May 2026&#8221;.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;The price of jet fuel has been extremely volatile and more than doubled since the end of February 2026 which impact fuel costs for the June 2026 quarter,&#8221; it said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The airline said it would increase fuel hedging in the short term to mitigate the price volatility, &#8220;with other operational levers including fare and capacity adjustments available to be implemented over time&#8221;.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Virgin issued a market update after rival Qantas yesterday flagged an up to $800 million hit from additional fuel costs, and cut its domestic flight capacity.<\/p>\n<p class=\"paragraph_paragraph___QITb\">While Virgin&#8217;s domestic capacity will be cut in the current quarter, it still expects domestic capacity to be 1 per cent higher over the second half of the financial year as a whole.<\/p>\n<p>LoadingLoading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Virgin Australia will slightly reduce domestic flights in the next few months as it faces a hit from&hellip;\n","protected":false},"author":3,"featured_media":728537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2],"tags":[4740,9969,301589,273595,6087,50,5503,26519],"class_list":["post-728536","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-australia","tag-diesel-prices","tag-flights-cut","tag-fuel-costs","tag-iran-war","tag-news","tag-strait-of-hormuz","tag-virgin"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116405978067428897","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/728536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=728536"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/728536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/728537"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=728536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=728536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=728536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}