State Labor Government Bails Out Virgin Australia, Calls for Federal Help

State Labor Government Bails Out Virgin Australia, Calls for Federal Help
A Virgin plane takes off from Sydney Airport in Sydney on March 19, 2020. Saeed Khan/AFP via Getty Images
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Virgin Australia is on the verge of collapse amid the economic downturn caused by the CCP virus crisis. While the federal Liberal government said no to a loan, the Queensland Labor government has offered a $200 million (US$127 million) bailout.

Queensland State Development Minister Cameron Dick said Australia must have two airlines to support tourism, jobs, and regional investment.

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