This seems to have been around for about 18months, but I don't recall ever seeing it mentioned before:
Virgin Blue Redundancy Policy
Virgin Blue Redundancy Policy
What is it?
Virgin Blue’s Redundancy Refund Promise is a policy that aims to make life a little easier for Guests who lose their job. Subject to the terms and conditions outlined in the Policy, we will cancel your booking and refund the cost of your ticket if you suffer involuntary redundancy.
Am I eligible?
To be eligible for a refund you must –
Be a traveller on a reservation/itinerary with Virgin Blue, Pacific Blue, Polynesian Blue or V Australia.
Have been made involuntarily redundant from your full time role after 19/6/09.
Be aged 16 years or over.
Make an application for a refund within 30 days of the involuntary redundancy taking effect.
Make an application for a refund at least 14 days before the date of departure.