Virgin Australia has gone into voluntary administration, putting 16,000 jobs under threat. The airline will be managed by accountants from Deloitte while it restructures and looks for a buyer. There are fears the restructure will involve scrapping less profitable routes, particularly to regional areas, meaning Qantas will be the only provider and can push up … Read more
Virgin Australia ‘collapses into voluntary administration after crisis talks failed to save the embattled airline’ – leaving 16,000 employees in limbo Virgin’s board is reported to have put the airline into voluntary administration The airline would not confirm or deny the claim on Monday evening 16,000 jobs at risk however the airline could continue trading … Read more
Virgin Australia ‘sensationally collapses into voluntary administration after failing crisis talks failed to save the embattled airline’ – leaving 16,000 employees in limbo Virgin’s board is reported to have put the airline into voluntary administration The airline would not confirm or deny the claim on Monday evening 16,000 jobs at risk however the airline could … Read more
EXCLUSIVE: Bournemouth manager Eddie Howe becomes the first Premier League figure to break rank and take a voluntary pay-cut to his £4m per year wages… but stars keep their full salaries for now Eddie Howe has decided to take a voluntary pay cut amid coronavirus crisis The Bournemouth boss becomes the first Premier League figure … Read more