Virgin Australia set to go into voluntary administration after failing to secure government lifeline

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Virgin Australia has reportedly filed for voluntary administration, overwhelmed by massive debt brought on by the coronavirus lockdowns. An airline spokesman wouldn’t comment today evening about various media reports that a decision was expected to be made at tonight’s board meeting and that accounting firm Deloitte was expected to run the administration process, including finding […]

The post Virgin Australia set to go into voluntary administration after failing to secure government lifeline appeared first on Travel Daily.

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