Aircraft operated by Virgin Australia on stands at Sydney Airport. Australia's second-biggest airline, which has been rescued from administration by Bain Capital, currently has a fleet of 144 planes - 44 directly-owned and 100 that are leased or financed. Bloomberg
Aircraft operated by Virgin Australia on stands at Sydney Airport. Australia's second-biggest airline, which has been rescued from administration by Bain Capital, currently has a fleet of 144 planes -Show more

Aviation

Bain Capital's $3.5bn buyout of Virgin Australia leaves little for unsecured creditors

Priority creditors and employees will be paid in full but bondholders owed A$2bn will receive between 9-13% of what they are owed

Reuters

August 25, 2020