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AVCJ
  • Australasia

QIC explores Virgin Australia bid

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  • Tim Burroughs
  • 14 May 2020
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Queensland Investment Corporation (QIC) has been asked by the state government, its ultimate owner, to explore a bail-out for beleaguered airline Virgin Australia Holdings (VAH).

The airline entered voluntary administration last month after travel restrictions imposed in connection with the coronavirus outbreak wiped out demand. The Queensland government earlier offered to contribute...

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