7 KILLED, HUNDREDS INJURED AS STRONG QUAKE HITS SULAWESI, INDONESIA
VATICAN: POPE FRANCIS, FORMER POPE BENEDICT BOTH GET COVID-19 VACCINE
AUSTRALIA REBUKES GOOGLE FOR BLOCKING LOCAL CONTENT
JAPAN TO BAN ENTRY OF FOREIGN ATHLETES TO TRAIN AHEAD OF SUMMER OLYMPICS
BIDEN INAUGURATION WILL FEATURE DIVERSE PERFORMANCES INCLUDING LADY GAGA, JENNIFER LOPEZ
COURT ORDERS ARREST OF COPS ACCUSED OF KILLING ARMY MEN IN JOLO
THE PANDEMIC SLAMS PHL VEHICLE SALES IN 2020
CHESS PLAYER WESLEY SO BAGS P11.8M, JOINS WORLD’S TOP ESPORT EARNERS
ZSA ZSA PADILLA FINALLY VISITS THE GRAVE OF ‘COMEDY KING’ DOLPHY AGAIN
DUTERTE: PRESIDENCY JOB NOT FOR A WOMEN

VIRGIN AUSTRALIA BOSS QUITS AHEAD OF NEW OWNERSHIP

5 months ago | World Business News | 0 comments

By Xai Reyes

Virgin Australia Chief executive Paul Scurrah step down down once the airline is transferred to new owner Bain Capital.

The decision follows reports that he disagreed with Bain over the future direction of the airline.

Virgin Australia went into voluntary administration in April before the US private equity group bought it.

The airline struggled under travel bans imposed by the Australian government due to the Covid-19 pandemic.

Bain agreed to buy the struggling airline in June, and the deal is expected to be complete by early November.

Jayne Hrdlicka, a former head of rival Qantas’s budget carrier Jetstar, will take over the top job when the deal is complete.

0 Comments

Submit a Comment

Your email address will not be published.

Social Media