Keep Virgin Australia in the Skies

[serfty]

I think the Government picks up an 800 million wages payout

That would likely only be if Virgin Australia is Liquidated; moreover the total Haircut to the Federal Government coffers could easily be double the figure in that event.

 

[moa999]

An Act of foreign ownership trickery has a reasonable summary of the arrangement.

Albeit the separate board for vaih seems to have gone by the wayside, and afaik it has never separately published financials

 

[PineappleSkip]

Sorry, my misreading of s11A. It was time to turn into a pumpkin. Nevertheless, Virgin is still regarded by Australia as a flag carrier, because we use a test of location of headquarters, not one of ownership or control.