Virgin Australia 2.0 takes off! Bain makes a brave bet on the struggling airline industry

Virgin Australia 2.0 takes off! Bain makes a brave bet on the struggling airline industry

In one of the biggest single bets on the airline industry since it was completely devastated by the ongoing coronavirus pandemic, Bain Capital has agreed to buy collapsed Virgin Australia. In a statement today, Virgin CEO Paul Scurrah said Bain’s bid offered ‘the best possible future’ for the carrier. Administrator Deloitte named Bain as the […]

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