This was published 6 years ago
Updated ,first published
Virgin Australia is preparing to go into voluntary administration, unable to survive under the weight of enormous debts and starved of cash by the coronavirus travel shutdown.
The Morrison government’s refusal of financial support sealed Virgin’s fate and the government now plans to wait out the process to see if taxpayers’ money is needed to keep it flying.
Virgin did not return calls on Monday afternoon. One board member declined to comment when contacted.
Virgin…