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Virgin's 10,000 creditors owed $6.8bn

Lucas Baird

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.

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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

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