Virgin Australia CEO reveals cost of future flights and NZ ambitions

The boss of Virgin Australia has revealed when he thinks we’ll be flying overseas again — and how COVID-19 has impacted airfares — as he reflected on his biggest regret from the airline’s horror year.

As the company emerges from its near-collapse amid the pandemic, its chief executive Paul Scurrah said he expected passengers’ return to international skies will be a gradual affair, with key destinations like Europe still some months away.

“It’s really hard to know exactly when it’s going to be,” Mr Scurrah said at a Yahoo Finance All Market Summit on Thursday.

“It’s really a market-by-market assessment, it’s not a blanket approach. I think you’re going to see markets like New Zealand open up far sooner than the USA, for example, and this is the time between now and the vaccine, when that vaccine actually becomes effective to stop the spread of the virus.”

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