Wednesday, April 22, 2020

Virgin Australia boss Paul Scurrah upbeat in face of administration, "disappointed" but diplomatic on PM's rejection of $1.4b lifeline loan

Virgin chief executive Paul Scurrah remains upbeat about the rapid turnaround and sale of the stricken airline with ten potential suitors circling. 

However, Mr Scurrah said he was disappointed that the federal government refused to provide a $1.4 billion loan after eight meetings with the Prime Minister and Treasurer in recent weeks. 

He tells ABC's Peter Ryan that Virgin staff should be encouraged by comments from administrator Vaughan Strawbridge that no redundancies were being planned.


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