Virgin Australia Enters Voluntary Administration

Unable to survive the beating from COVID-19, and facing years of existing financial woes, Virgin Australia has filed for voluntary administration after nearly 20 years of operation. Monday the 20th of April saw Australian media, notably The Sydney Morning Herald, report that the airline was preparing to enter administration with Deloitte. This morning, Virgin Australia confirmed these reports in an official statement on their website. “Virgin Australia Holdings Limited (ASX: VAH) (Virgin Australia Group or Group) has entered voluntary administration … Continue reading Virgin Australia Enters Voluntary Administration