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Bain Capital & Virgin Australia
After Virgin Australia went into voluntary administration in April 2020 as a result of COVID-19 , Bain Capital entered into discussion to acquire the airline . “ Bain Capital has spent many hours over the past weeks speaking to us and getting a deep understanding of our business and working to secure a deal with our administrators . We know they are committed to investing in the airline and we are thrilled to be working with them into the future ,” commented Paul Scurrah , Chief Executive Officer and Managing Director of Virgin Australia Group .
89 DATE OF MERGER 26 / 06 / 2020
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