Browsing Tag
Bain Capital
5 articles
Bain Capital steps further into takeover of Virgin Australia
Bain Capital, an American private investment firm, made a step further in the saga of Virgin Australia Airlines…
2020-11-11
Reports suggest fate of Virgin Australia CEO hangs in balance
Virgin Australia chief executive Paul Scurrah can be replaced in the nearest future due to disagreements with airline’s…
2020-10-22
Virgin Australia’s creditors approve purchase terms by Bain
Creditors of Virgin Australia have accepted the terms of purchase previously proposed by Bain Capital (BC), the company…
2020-09-04
Bain bids $2.5B on Virgin Australia, Etihad and SIA lose millions
Bain Capital made a $2.5 billion (AU$3.5 billion) bid over Virgin Australia. Under the proposal, Virgin Australia’s unsecured…
2020-08-25
Virgin Australia ends long-haul; shifts to all-Boeing 737 fleet
Virgin Australia’s reorganization plan under voluntary administration includes mass layoffs, fleet recomposition and discontinuation of its subsidiary Tigerair…
2020-08-05