The airline is offering return flights for as little as $128 between Melbourne and Christchurch, so long as the passenger doesn’t bring check-in luggage.
For check-in luggage, the price will go up another $20.
Sydney to Auckland will cost $135.
Tickets from Brisbane to Christchurch or Auckland are selling for $136 and $138, respectively.
The sale will last until the end of Monday.
Chief Revenue Officer Cam Wallace touted the low prices.
“Customers are going to get some ridiculously good deals on flights across the Tasman,” he said.
“Like all airlines we have seen some softness in demand on routes like the Tasman where we now have some empty seats due to travellers mainly from Asian destinations not connecting between Australia and New Zealand.”
The coronavirus outbreak has decimated the airline and travel industry across the world.
Air New Zealand announced earlier this week it was cutting many flights across Asia in the face of dramatically lowered demand.
That includes flights to Hong Kong, Shanghai and Seoul.
Earlier this week the airline projected that coronavirus would reduce its earnings from between $34 million and $72 million.
The airline has lost share value every day this week on the ASX 200.
Singapore Airlines this week was forced to cancel thousands of flights in anticipation of the coronavirus outbreak hurting sales.
“The SIA Group has taken swift action to mitigate the impact of COVID-19. We will continue to monitor the situation, and be nimble and flexible in adjusting our capacity to match the changing demand patterns in the market,” Singapore Airlines told customers in a statement.
“Singapore Airlines and SilkAir apologise for the inconvenience caused.
“Affected customers will be notified and re-accommodated onto other flights.”
On Tuesday Virgin Australia announced it would cut five unprofitable Tigerair routes to manage the impact of coronavirus.
This month Cathay Pacific urged staff to take three weeks of unpaid leave to keep the airline afloat.