iscover
Virgin Australia’s administrator, Deloitte, has confirmed investors are already interested in saving the airline after it entered voluntary administration.
Virgin Australia has finally confirmed to the ASX that it has entered voluntary administration.
Virgin Australia is set to enter voluntary administration after a crunch meeting of its board of directors on Monday, according to reports.
The government has granted approval for Sydney Airport to use the shortest of its three runways to store grounded aircraft.
Virgin Australia Group has asked the government for a $1.3 billion loan, according to a number of reports.
Credit rating agency Standard and Poor’s has downgraded Virgin Australia Group for the second time in a fortnight after its staff and capacity cuts.
