Creditors Give Green Light To Virgin Australia Acquisition

MAX
Virgin Australia is now holding talks with Boeing regarding the fate of its order for 48 737 MAX aircraft.
Credit: Boeing
Virgin Australia’s creditors have voted to approve the airline’s sale to Bain Capital, clearing the way for the carrier to emerge from voluntary administration. During a Sept. 4 meeting, Virgin’s creditors accepted the deeds of company arrangement (DOCAs) containing the terms of the deal. If the...

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