The Queensland Government "can't afford not to" make a bid for Virgin Australia, Treasurer Cameron Dick says.The State Government's bid for Virgin could be a direct equity stake, a loan, a guarantee or other financial incentives
Virgin called in administrators in late April after the Federal Government knocked back a plea for a $1.4 billion loanAustralia's troubled second airline saw its cashflow collapse because of the tough coronavirus travel restrictions and being saddled with billions in debt.Mr Dick told ABC Radio Brisbane that it was an important airline to the state, which is headquartered in Brisbane.
"I want to save 5,000 jobs, keep the airline the best we can and support regional Queensland and keep those jobs, particularly the headquarters for Virgin in Queensland," Mr Dick said.
Nothing is safe in the hands of camerondickqld alias BAZOOKA Dicky
More debt for Queensland. This time they can really bankrupt the state. More urgent things needs to be fix after fire and drought than this
Hopefully more flights out of Queensland than into.
I think its a great move. The knock on benefits financially far outweigh whatever the airline may or may not make. Airlines don’t make money. They never have. But without them, you don’t have a thriving economy.
Why are we bidding on a failing business?
Something about barge poles and keeping your distance?
Sounds like a backtrack to me 😂
One minute the QLD Govt is bidding for the Olympic Games and the next they want to buy Virgin. Anyone would think they have a surplus of tax payer cash Oh no wait it is an election year.....
Labor is trying to buy the next election with taxpayers money
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: SkyNewsAust - 🏆 7. / 78 Consulte Mais informação »