The federal government went to extraordinary lengths not to bail out Virgin while also pumping enough hope to take it from a dead duck to a competition prize. Here's how they did it - with a little help from a former investment banking titan.
Nicholas Moore and Josh Frydenberg know each other well. In April, Frydenberg asked the ex-Macquarie chief to become the government's emissary and go-between for the sale of Virgin. Nic Walker
On Tuesday June 16, a large crowd gathered at 9am in a conference room at Deloitte in Sydney - a meeting presided over by partner Vaughan Strawbridge, the lead administrator running the sale of Virgin Australia.
As befitted the era of COVID-19, most of the crowd appeared on a big screen mounted on the wall.
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Original URL: https://www.afr.com/companies/transport/how-nicholas-moore-avoided-a-nationalised-virgin-20200831-p55qvl
