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Virgin Australia poised to enter voluntary administration: reports

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Home Blogs > Business
Apr 20 '20 | By oiam2companyadmin | Views: 53 | Comments: 0

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Virgin Australia Holdings is poised to enter voluntary administration, local media reported on Monday, with the cash-strapped airline unable to weather the coronavirus crisis because of its A$5 billion ($3.2 billion) of debt.
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Source: https://www.reuters.com/article/us-health-coronavirus-virgin-australia/virgin-australia-poised-to-enter-voluntary-administration-reports-idUSKBN2220NN?feedType=RSS&feedName=businessNews

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