PPRuNe Forums - View Single Post - Government Loan to Virgin Australia
View Single Post
Old 15th Jun 2020, 22:34
  #1278 (permalink)  
smiling monkey
Join Date: Jun 2001
Location: Jungle
Posts: 559
Originally Posted by Blackout View Post
Well there are some interesting dates to note at this point in time,

1. June 11th -Government subsidies ceases.
2. June 12th -Binding bids.
3. June 16th -Administrators become liable for Aircraft leases.
4. June 30th- Administrators close sale, liquidate or have received further funding to operate.
It will be interesting to see if the Administrators continue operating with leased aircraft from today. VARA’s A320s a case in point.
smiling monkey is offline