Virgin Australia Officially Bankrupt; Richard Branson Weighs In

Late Monday evening, Virgin Australia officially entered bankruptcy, also known as “voluntary administration,” in Australia. It was discussed earlier in the day that this may occur.

Shortly thereafter Sir Richard Branson, founder of the Virgin group, issued the following video message to employees.

Virgin owns a 10% stake in Virgin Australia.

Picture of Bobby Laurie
Bobby Laurie
His background in the travel industry dates back to November 2005 when he was initially hired as a flight attendant. After initially flying for six months for US Airways (now American Airlines) Laurie had started his move up the corporate ladder and held various positions within the industry before ultimately landing as an Analyst specializing in InFlight Policies & Procedures. Read More

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