COVID-19: Virgin Australia Collapse Could See New Airline Formed

The Australian Government is showing no major concerns about Virgin Australia’s position in the wake of the global COVID-19 pandemic, instead seeing the potential collapse of the airline as an opportunity to facilitate the start of an all-new domestic carrier to challenge Qantas. According to an Australian Financial Review (AFR) article published by Phillip Coorey, the Australian Government would prefer the carrier survive the crisis, however it remains firm that it has no intention to provide the $1.4 billion loan … Continue reading COVID-19: Virgin Australia Collapse Could See New Airline Formed