Business
Virgin Australia to relaunch with smaller Boeing 737 fleet, network – Executive Traveller
Virgin CEO Paul Scurrah says the airline will “fly profitably, price rationally, and reflect the confidence Bain has put in us.”
Virgin Australia 2.0 is set to take wing under the ownership of Bain Capital with a very different approach to the airline which collapsed into administration almost 20 weeks ago.
“We intend to be our own version of an airline we intend to follow the lead from our customers in terms of what they want,” says CEO Paul Scurrah, promising to “fly profitably, price rationally, and reflect the confidence Bain has put in us.”
Free from the mountain of debt accumulated over the years that Virgin sough…
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