Published On: Thu, Apr 16th, 2020

Private equity investors circle over Virgin Australia

Fleet of grounded Virgin Australia planes at airport

At least two private consortia are circling to take over Virgin Australia, reducing pressure on the federal government to bail out the ailing airline.

Sources inside government and the aviation industry confirmed to The Australian Financial Review that one consortium involves a private equity investor partnered with a “a strategic airline investor”.

AFR: Read more.

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Private equity investors circle over Virgin Australia