Cyrus Capital adviser and former Virgin America CEO Jonathan Peachey has detailed the company’s plans for a Virgin Australia reboot, as pressure mounts in the run-up to deadline day. With less than a fortnight left until binding offers are due, the Cyrus adviser revealed over the weekend that the company is moving forward with plans to […]
Other speculation emerging ahead of Friday’s second-round deadline includes the revelation that knocked out bidders Brookfield and IndiGo are both considering re-entering the competition.
Home Affairs Minister Peter Dutton has lashed out at the Queensland government’s decision to bid for Virgin Australia, saying a successful bid would put the airline “back on the market in six months”. On Wednesday night, Minister Dutton posted a controversial update to his Twitter account, calling the bid “laughable”. Speaking to host Ray Hadley […]