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Tigerair staff have been reassured that they won’t be made redundant despite parent company Virgin Australia slipping into administration on Wednesday.
The Victorian government has admitted it considered joining an apparent bailout bidding war with Queensland and NSW to save Virgin in exchange for it relocating to Melbourne.
Virgin Australia Group’s chief executive Paul Scurrah revealed more than 10 parties have expressed interest in recapitalising the company after it entered voluntary administration on Tuesday morning.
Redemptions on Velocity Frequent Flyer points have been suspended for four weeks after Virgin Australia collapsed into administration.
The Transport Workers Union has made a final appeal to the government to intervene to help save Virgin Australia after the business collapsed into administration.
Virgin Australia has finally confirmed to the ASX that it has entered voluntary administration.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
