Home Affairs Minister Peter Dutton has lashed out at the Queensland government’s decision to bid for Virgin Australia, saying a successful bid would put the airline “back on the market in six months”. On Wednesday night, Minister Dutton posted a controversial update to his Twitter account, calling the bid “laughable”. This content is available exclusively
The billionaire founder and largest shareholder of Indian budget carrier IndiGo is reportedly set to bid for Virgin Australia, according to reports.
Rex aims to rival Qantas, Jetstar and Virgin Australia by expanding its network to service capital cities by early next year.
Chief executive Kevin Brown accuses the airline of not paying fees since January and says passenger numbers are 97 per cent down.
Peter Dutton has talked up a so-called “trans-Tasman bubble” that would allow international flights to resume between New Zealand and Australia.
Qantas shares spiked within minutes of Virgin Australia entering voluntary administration on Tuesday morning -- but have subsequently slumped after interest grew in acquiring its rival.