
SYDNEY (Reuters) -- Virgin Australia Holdings Ltd said on Tuesday it has entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load.
The airline had reported 7 consecutive annual losses before the coronavirus pandemic
SYDNEY (Reuters) -- Virgin Australia Holdings Ltd said on Tuesday it has entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load.
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