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Tag: virgin australia


Virgin Australia goes into Administration

https://www.smh.com.au/business/companies/virgin-australia-confirms-collapse-appoints-administrators-20200421-p54lnd.html Virgin chief executive Paul Scurrah says the airline presented nine different bailout proposals to the Morrison government to avoid a collapse, with the last seeking just $200 million in fresh capital. But administrator and Deloitte executive Vaughan Strawbridge said on Tuesday that there was already an “extraordinary” amount ofRead More