BREAKING NEWS- VIRGIN AUSTRALIA IS BANKRUPT ?

Many of you know that the COVID-19 pandemic has taken a toll on aviation. Many airlines are losing money, some are becoming bankrupt like Eurowings and now Virgin Australia is in adminstration. This Australian carrier has done this voluntarily after recording over 2.55 billion Australian dollars in debt as well as having 714 millon Australian dollars in bailout from the Federal Government being rejected. The Australian carrier also had to shut down its New Zealand operations on 4 April 2020, sacrificing 600 jobs in that region.

What will be the future of Virgin Australia ? Will it go into bankruptcy or will it fly again? We will have to wait and see.

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