NewsBite

Virgin's 10,000 creditors owed $6.8bn

Lucas Baird
Lucas BairdReporter
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Virgin Australia owes more than $6.8 billion to 10,000 creditors, administrators from Deloitte have revealed, as the battle between several states for the stricken airline's headquarters heated up with the addition of ex-Macquarie banker Michael Carapiet to NSW's bid.

this just a snapshot of the turmoil left when Virgin Australia's board elected to appoint Deloitte as its administrators on Tuesday, with Mr Strawbridge admitting they had not captured the full scope of its creditors. Louise Kennerley.

Loading...
Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Transport

Fetching latest articles

Most Viewed In Companies

    The Australian Financial Review Magazine

    BOSS Financial Review

    Matt Comyn gets up at about 6am but doesn’t use an alarm clock.

    How Matt Comyn starts his day

    • Sally Patten and Lap Phan

    Life & Leisure

    Rich List

    Annie Cannon-Brookes is making a multimillion dollar investment to the Stephanie Alexander Kitchen Garden Foundation.

    Original URL: https://www.afr.com/companies/transport/virgin-owes-10-000-creditors-6-8bn-deloitte-20200424-p54mtv