Latest video release regarding Coronavirus. Have a look at this “Virgin Australia forced into voluntary administration | ABC News” video below:
Virgin Australia has entered voluntary administration.
In a statement to the ASX, the airline said the move would help “recapitalise the business” and ensure it emerged “in a stronger financial position on the other side of the COVID-19 crisis”.
The board of directors has appointed Deloitte’s Vaughan Strawbridge, John Greig, Sal Algeri and Richard Hughes as voluntary administrators of the…..(read more)