......and now it's Borghettis turn!

[Gate_15L]

The rebuke will be symbolic because Virgin's four largest shareholders – Singapore Airlines, Etihad, Air New Zealand and British businessman Richard Branson – will probably vote in favour of the resolutions.
Their combined holdings amount to about 80 per cent of the airline's share register.

Read more: Virgin Australia again under fire for 'very substantial' pay package for CEO John Borghetti

In other words.. it doesn't matter two s#its what the Shareholder's Association and Nanny Papa's knitting club say about the Borghetti's remuneration, because 80% of VA is controlled privately with 3 of their respective CEOs on the board of VA.
Don't be surprised if they decide to dilute the remaining 20% of shares further and de-register off the ASX and take the company dark....