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Regional Express executive chairman Lim Kim Hai has claimed Virgin Australia is headed for yet another financial disaster under the current administrator.  According to Lim, the restructuring provided a “wonderful opportunity” to make “deep-seated changes to Virgin”. However, the Rex chairman has been scathing in his assessment of the Deloitte team headed up by Vaughan

Airlines

Chief executive Kevin Brown accuses the airline of not paying fees since January and says passenger numbers are 97 per cent down.

Airlines

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.

Airlines

Virgin Australia has finally confirmed to the ASX that it has entered voluntary administration. 

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