Queensland Deal Secures Future of Virgin Australia

Queensland Deal Secures Future of Virgin Australia
Virgin Blue line the apron at Sydney Airport on January 9, 2008. Torsten Blackwood/Getty Images
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Queensland Premier Annastacia Palaszczuk will formalise an investment deal between Virgin Australia and the state on Monday. The airline went into voluntary administration amid the CCP virus pandemic before emerging under the ownership of U.S. investment firm Bain Capital.

The premier said the deal was “absolutely important” for Queensland.

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