Tag: Bain Capital

Creditors give Virgin Australia sale the green light

Reading Time: 2 minutes The Administrators of the Virgin Australia Group have confirmed the airline sale to the US private equity group Bain Capital. After Virgin Australia collapsed in April, an administrator, Deloitte, was appointed, and a formal bidding process got underway. The successful bidder was Bain Capital, who mapped out a proposal for the airline’s future. “Bain Capital […]