- Virgin Australias sale to US private investment company Bain Capital is officially complete.
- It comes after the airline went into voluntary administration amid the coronavirus pandemic, appointing Deloitte as administrators.
- Virgin Australia has also appointed a new CEO, former Jetstar boss Jayne Hrdlicka, and outlined its new direction under her leadership.
- Visit Business Insider Australias homepage for more stories.
Virgin Australia has become the first major Australian airline to rise out of voluntary administration and has revealed its plans under its new CEO.
The airlines administrators, Deloitte, announced on Tuesday that the sale of Virgin Australia Group to US private investment firm Bain Capital was complete after a seven …
Read the full article at: https://www.businessinsider.com.au/virgin-australia-sale-complete-2020-11