Macquarie Bank looks to BUY Virgin – is the airline now an attractive investment?

Written by Sergeo Domtchenko 

It is fair to say that the coronavirus is not hanging around to take any hostages. On Monday evening, Virgin Australia (ASX: VAH) became the highest-profile casualty of the pandemic. Virgin soon announced its intention to enter voluntary administration.

The thought of voluntary administration came off the back of Virgin, dismissing 16,000 employees and the Federal government denying Virgin’s application for a $1.4 billion ‘bail out’ loan.… Read more