March 13 (Reuters) - Flight Centre Travel Group Ltd FLT.AX :
* FLT WITHDRAWS GUIDANCE & OUTLINES KEY CORONAVIRUS STRATEGIES-FLT.AX
* FLIGHT CENTRE TRAVEL GROUP WITHDRAWS 2020 FISCAL YEAR (FY20) GUIDANCE
* SUSPENDED ITS 2020 FISCAL YEAR (FY20) GUIDANCE FOLLOWING HEIGHTENED UNCERTAINTY SURROUNDING CORONAVIRUS
* FLT'S DIRECTORS WILL FORGO 30% OF THEIR FEES FOR REMAINDER OF FY20 AND WILL REVIEW SITUATION EARLY IN FY21
* EXECUTIVE EARNINGS WILL ALSO DECREASE DURING FY20
* EXECUTIVES WILL NOT EARN ANY SHORT-TERM INCENTIVES FOR FULL YEAR
* ANNOUNCES A RECRUITMENT FREEZE
* DEFERRAL OF SOME NON-ESSENTIAL PROJECTS AND CAPITAL EXPENDITURE
* EXECUTIVES WILL GET SUBSTANTIALLY LOWER RETURNS ON PROGRAMS TIED TO PROFIT, INCLUDING CO'S BUSINESS OWNERSHIP SCHEME