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Virgin Australia Group’s chief executive is still optimistic he can secure a bailout for his airline despite Scott Morrison playing down the possibility on Thursday.
The chairman of the Australian Competition and Consumer Commission (ACCC) has publicly leant his support to Virgin Australia, which is currently seeking a bailout.
Virgin Australia Group has asked the government for a $1.3 billion loan, according to a number of reports.
Rex has said it may not be able to transport COVID-19 testing samples from regional areas to capital cities for analysis unless it receives a government bailout.
Credit rating agency Standard and Poor’s has downgraded Virgin Australia Group for the second time in a fortnight after its staff and capacity cuts.
The Virgin Australia Group will make 1,000 of its 8,000 stood down employees permanently redundant, including all 220 Tigerair pilots.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
