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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
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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
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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