Virgin Australia boss quits ahead of new ownership | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Virgin Australia boss quits ahead of new ownership

Brisbane

Virgin Australia chief executive Paul Scurrah will step down once the airline is transferred to new owner Bain Capital, reported BBC

The decision follows reports that he disagreed with Bain over the future direction of the airline.

Virgin Australia went into voluntary administration in April before the US private equity group bought it.

The airline struggled under travel bans imposed by the Australian government due to the Covid-19 pandemic.

Bain agreed to buy the struggling airline in June, and the deal is expected to be complete by early November.

Jayne Hrdlicka, a former head of rival Qantas's budget carrier Jetstar, will take over the top job when the deal is complete.

 

  • gov