Unions urge govt to offer Virgin Australia support

Unions are calling on the govt to help support Virgin Australia after the airline entered voluntary administration. The carrier has appointed Deloitte to help it recapitalise and make it through the coronavirus crisis after talks with various parties, including the govt, to secure financial support failed to produce a solution. The TWU said the govt should work out a plan with trade unions to go before the administrators. TWU national secretary Michael Kaine said Tuesday: “There is still time to rescue Virgin and for the federal govt to take a bold move to ensure that the Australian economy is ready to bounce back when the crisis abates. Govts around the world are taking the difficult decisions to protect their economy and jobs and we urge the Australian govt to follow suit.” <br/>
FlightGlobal
https://www.flightglobal.com/strategy/unions-urge-government-to-offer-virgin-australia-support/137991.article
4/21/20