Airlines
Deloitte made the declaration in a letter sent on Friday, which also confirmed that ‘winning’ bidder Bain has already pumped $125 million into the business.
Airlines
US investors Cyrus said it pulled out due to a “lack of engagement” with the administrator which had “not returned calls, emails or meaningfully engaged”.
Airlines
The administrator also said nearly 20 interested parties had been granted access to the data room and eight to a “Virgin 2.0 business plan”.
Airlines
Perth Airport has impounded four Virgin Australia aircraft with heavy machinery as it seeks to recover $16 million in outstanding invoices for airfield and terminal charges.