Voluntary administration isn't a death sentence for Virgin Australia – or for competition
- Written by Volodymyr Bilotkach, Associate Professor, Singapore Institute of Technology
With its plea for a A$1.4 billion government loan rebuffed, Australia’s second major airline has entered voluntary administration.
Virgin Australia’s chief executive, Paul Scurrah, said the decision to appoint external administrators (from Deloitte) “was about securing the future of the Virgin Australia Group and emerging on the...
Read more: Voluntary administration isn't a death sentence for Virgin Australia – or for competition
