Flight Global - Cirium
Virgin Australia has drawn up a shortlist of potential buyers from the first round of bids that closed on 15 May.
“We are delighted by the strength of each of those on the shortlist, with parties selected being well-funded and possessing deep aviation experience,” Deloitte lead administrator Vaughan Strawbridge said today in a disclosure to the Australian Securities Exchange.
He adds: “The parties have also worked constructively with the administration process and put forward credible indicative bids. Importantly, each has a plan for the business which can secure the future for thousands of Virgin Australia employees.”...more