Fears mount before Bain updates business plan for Virgin Australia – The Australian

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30.Jul, 2020 0 news

Fears mount before Bain updates business plan for Virgin Australia – The Australian

Bain is due to make its formal DOCA proposal to the administrator on August 12 which should include details of how much it proposes to give to the bondholders. Picture: AAPBain is due to make its formal DOCA proposal to the administrator on August 12 which should include details of how much it proposes to give to the bondholders. Picture: AAP

Virgin Australia employees and the Queensland state government face an anxious wait in the coming days to learn more details about Bain Capital’s business plan for the airline.

An update is expected on the management plan for the airline in the days ahead.

Australia News feed


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