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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


The decision means that private equity firm BGH Capital and US aviation company Indigo Partners have been knocked out ahead of a final 30 June deadline


The union met with former Macquarie boss Nicholas Moore on Tuesday and told him a lack of reassurance means serious bidders are “trying to crunch numbers in the dark

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