Virgin Australia Group’s chief executive is still optimistic he can secure a bailout for his airline despite Scott Morrison playing down the possibility on Thursday.
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Virgin Australia
The chairman of the Australian Competition and Consumer Commission (ACCC) has publicly leant his support to Virgin Australia, which is currently seeking a bailout.
COVID-19 is undeniably the biggest upset the aviation sector has ever seen and the Australian government is providing some hefty bail-outs to our airlines, but is it enough to keep the industry afloat?
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S&P downgrades Virgin Australia for second time
by Adam Thorn March 27, 2020Credit rating agency Standard and Poor’s has downgraded Virgin Australia Group for the second time in a fortnight after its staff and capacity cuts.
AirlinesHeadlinesJetstarQantasTigerair AustraliaVirgin Australia
Virgin asks for $1.4bn bailout, Qantas responds
by Adam Thorn
March 31, 2020
Virgin Australia Group has asked the government for a $1.3 billion loan, according to a number of reports.
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