How a nervy market grounded Bain’s Virgin before IPO take-off
Jayne Hrdlicka always faced an uphill battle. Investors were encouraged to push her hard on the airline’s strategy. The doubts could not be overcome.
Jayne Hrdlicka always faced an uphill battle.
When she landed at Virgin Australia, it was to replace Paul Scurrah. The company had fallen into administration during the COVID-19 pandemic and been acquired by Bain Capital. Despite the Boston-headquartered private equity firm suggesting Scurrah would stay, he was soon out.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Transport
Fetching latest articles