Virgin’s back from the dead – so what now?
Last week, the sale of Virgin was finally complete after a months-long administration process that had enough twists and turns to script a whodunnit. But now Bain’s deal has been rubber-stamped, what exactly is going to happen moving forward? In this episode of the Australian Aviation podcast, host Phil Tarrant and regular guest Adam Thorn talk through the story behind the final week of the sale. Why did Branson break his silence? Are the TWU really supportive? And how on earth has chief executive Paul Scurrah managed to not only keep his job but get everyone to buy into his revival plan? They also discuss strong comments from the CEO of Melbourne Airport, who has said the country shouldn’t wait for a vaccine to open international borders. Finally, amid the gloom, Sydney’s new international airport now has some firm dates for construction work to start. The team discuss why the long-term outlook for aviation, post-COVID-19, is still strong.
