UPDATE 4-Virgin Australia falls to virus crisis, appoints administrator to find investor [Reuters]
Boeing Company (The) (BA)
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Source: Reuters
Virgin Australia enters voluntary administration with aim to recapitalize SYDNEY (Reuters) - Virgin Australia Holdings Ltd ( VAH.AX ) said on Tuesday it has entered voluntary administration to recapitalize the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load. Deloitte has been appointed as the administrator, Virgin said in a statement, after the airline was unable to secure a A$1.4 billion ($887.60 million) loan from the federal government. Virgin said the current management team led by Chief Executive Paul Scurrah would continue to run the business and it would still operate scheduled domestic and international flights to help transport essential workers, maintain freight corridors and return Australians home. “This is a tough day for our airline but it is certainly not the end. We are not collapsing,” Scurrah told reporters. Administrator Vaughan Strawbridge told media that more than 10 parties had already exp
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News
- HALPER SADEH LLC ENCOURAGES THE BOEING COMPANY SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTSPR Newswire
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- Boeing Rival Airbus, Zara Owner Inditex: Stocks Overseas in Spotlight [Yahoo! Finance]Yahoo! Finance
- A World Cup event and another gathering at the court of King Donald [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website