The two governments have become embroiled in a war of words over where the headquarters of Virgin would be if the airline receives a combined bailout funded by a number of states.
While the coronavirus crisis has effectively crippled the aviation sector for the time being, the long-term effect on the industry once the regulations begin to ease still remains relatively unclear.
Speculation is mounting that Etihad, Singapore, Nanshan and HNA have all declined the chance to pour in more money, with the search now extending to outside investors.
Virgin Australia entered into a trading halt on Tuesday morning as speculation mounts as to whether the airline will receive a bailout.
Virgin Australia will fly a multi-leg repatriation flight from Brisbane to Paris, via Auckland and Hong Kong, to help stranded passengers from different nations to return home.
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.