Virgin Australia CEO's future in doubt after falling out with new owners | Sky News Australia

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Virgin Australia CEO Paul Scurrah's future is in doubt following a fall out with the company's new owners.

Virgin Australia CEO Paul Scurrah's future is in doubt following a fallout with the company's new owners. It is expected Mr Scurrah will leave Virgin Australia which is now owned by Bain Capital after the company collapsed in April.

There are plans to relaunch the airline as a low-cost carrier with intentions to hire former Jetstar executive Jayne Hrdlicka to run the company. Unionists have refused to negotiate on workplace agreements, describing the changes as “worrying.”

 

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BAINOUT LOCKEMUP

Bain are the scum of the earth, they just go from company to company hollowing them out for huge gain and then just leaving a carcus for vultures to feed on. Then their other arm 'advises' CEO clowns on which people they can supposedly get away with making redundant....

VA will b assert stripped by bain capital .....wonder Branson will do now 🤣😂🤣😂

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Reports Virgin administrators sacked CEO Paul Scurrah raises fears for airline staff's future | Sky News AustraliaThe Trade Workers Union has suspended negotiations with Virgin Australia administrators Bain Capital for reneging on assurances CEO Paul Scurrah would not be sacked, raising fears the private equity firm would cannibalise the airline.\n\nTWU Secretary Michael Caine said the 'ink was not yet dry on the sale of Virgin' and believed Bain was 'ripping out the heart of Virgin' as the union had feared.\n\nSky News Business Editor Ticky Fullerton said former Jetstar CEO Jayne Hrdlicka was seen moving to Brisbane raising speculation she was moving in to take over from Mr Scurrah.\n\nMeanwhile, consumer confidence has risen by 11.9 per cent in a three-month high largely attributed to the federal budget.\n\n Can someone explain why unions are injecting themselves into decisions around companies employ as senior managers ? “Trade Workers Union”? As a recent ex-VA pilot, it’s heartbreaking to think of Virgin’s future (or non future). Whilst it’s all rumour & hearsay for now, suffice to say Bain’s reputation precedes them. Signs already point towards VA being stripped to a shell of its former self - if it survives at all.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Virgin Australia business class passenger slams 2-minute noodle lunchIt looks like your stock-standard university dinner, but this two-minute noodle cup and can of Coke was served to someone who’d paid $2500 for their fair. *fare Christ almighty. I know this isn't regular propaganda but at least use grammar checks before posting. This is an embarrassing failure. FARE! Doesn’t seem fare
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Reports Virgin administrators sacked CEO Paul Scurrah raises fears for airline staff's future | Sky News AustraliaThe Trade Workers Union has suspended negotiations with Virgin Australia administrators Bain Capital for reneging on assurances CEO Paul Scurrah would not be sacked, raising fears the private equity firm would cannibalise the airline.\n\nTWU Secretary Michael Caine said the 'ink was not yet dry on the sale of Virgin' and believed Bain was 'ripping out the heart of Virgin' as the union had feared.\n\nSky News Business Editor Ticky Fullerton said former Jetstar CEO Jayne Hrdlicka was seen moving to Brisbane raising speculation she was moving in to take over from Mr Scurrah.\n\nMeanwhile, consumer confidence has risen by 11.9 per cent in a three-month high largely attributed to the federal budget.\n\n Can someone explain why unions are injecting themselves into decisions around companies employ as senior managers ? “Trade Workers Union”? As a recent ex-VA pilot, it’s heartbreaking to think of Virgin’s future (or non future). Whilst it’s all rumour & hearsay for now, suffice to say Bain’s reputation precedes them. Signs already point towards VA being stripped to a shell of its former self - if it survives at all.
Source: SkyNewsAust - 🏆 7. / 78 Read more »