Virgin Australia poised to enter voluntary administration: sources

Virgin Australia poised to enter voluntary administration: sources

SYDNEY (Reuters) – Virgin Australia (VAH.AX) is poised to enter voluntary administration, two sources close to the matter said on Monday, with the cash-strapped airline unable to weather the coronavirus crisis because of its A$5 billion ($3.2 billion) of debt. FILE PHOTO: Travelers stand at a Virgin Australia Airlines counter at Kingsford Smith International Airport, […]