Business
Queensland Government throws $200m at Virgin Australia to keep headquarters – NEWS.com.au
Queensland Government throws $200m at Virgin Australia to keep headquarters
The Queensland Government has confirmed it will invest millions of dollars in Virgin Australia to ensure the embattled airline remains in the sunshine state for at least the next decade. At a Boeing testing facility in Brisbane’s west on Monday, Premier Annastacia Palaszczuk confirmed the Queensland Investments Council (QIC) will inject $200 million as part of Virgin’s restructuring plan set-up by new owners Bain Capital.
The deal, which comprises of both an equity investment and debt loans pro…
-
Noosa News23 hours agoJane Bunn weather: Cyclone Errol forms as effects of Alfred still felt across Queensland
-
Noosa News22 hours agoGabby Petito died after experiencing domestic violence. Young Aussies are identifying with her story
-
Noosa News21 hours agoThis 42-Kilometre Walking Trail on the NSW North Coast Weaves Through Ancient Rainforest, Volcanic Mountains and Spectacular Waterfalls
-
General23 hours agoNo ‘band-aid solution’: sweating coal risky business