Virgin Australia's administrators Deloitte says it is ready to relaunch and resell the airline after it went into voluntary administration with almost $7 billion worth of debt. The creditor said around 20 companies expressed interest in purchasing the company with non-binding, indicative offers due on Friday. The future of more than 9,000 Virgin staff remains in limbo but the airline sought to assuage fears saying it was not looking to make anyone redundant.
For customers, the airline promised to credit any pre-purchased tickets for future flights at a later date however refunds would be unlikely. Meanwhile regional airline Rex said it was seeking to raise $200 million to create a new domestic flight service between capital cities which would lead to increased competition in the floundering industry. The move could lead to the increased leasing of aircraft and the hiring of additional staff in the sector.
They have No money ...None at all ..Atlantic on It's arse..Sell shares in what ..another scam ..
How I can get citizen ship of Austrailia
Please ensure Virgin DO NOT SELL TO ANY CHINESE OWNERS or any anonymous bidders that may originate from China. We Need to keep it Australian owned only. Pleases
This will be a steal for Middle Eastern and Asian carriers to make an entry into the Australian domestic.