Virgin Australia VA Appointment
by
Thomas Jacquot | Apr 21, 2020
On 21 April 2020, against the backdrop of an evolving COVID-19 pandemic and unprecedented grounding of its fleet, Virgin Australia Holdings Limited (VAH, Company) announced that it had appointed Deloitte as administrators to the Company and a number of its subsidiaries. At this stage, Deloitte has taken control of most of the VAH business and have indicated that it will seek a recapitalisation of the business and have already received expressions of interest from a number of parties.