Paul Scurrah to leave Virgin Australia as Bain Capital takes control - former Jetstar CEO Jane Hrdlicka steps in

Bain Capital has confirmed that the chief executive of Virgin Australia Paul Scurrah will leave the airline when the private equity firm takes control in November. 

Mr Scurrah will be replaced by Bain Capital executive Jane Hrdlicka who is a former chief executive of Jetstar. 

ABC's Peter Ryan analyses what appears to be a coup and stark differences over whether Virgin 2.0 is a budget carrier or a full service competitor to Qantas.

I also spoke to ABC NewsRadio shortly after the announcement hit