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Behind Virgin Australia's crash landing
April 22 will mark the end of Virgin's nine-day trading suspension and hopefully deliver some clarity on the carrier's immediate future. For now, the big question is how it all went wrong.
It was in late February that Virgin Australia delivered its first disclosure on the economic toll the airline was experiencing because of the coronavirus outbreak. The next disclosure could very well be Virgin's last.
While the Queensland government has offered $200 million to keep the struggling carrier in the air and headquartered in Brisbane, this is conditional on a $1.4 billion injection from federal coffers that will not be forthcoming.
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