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

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 […]

Morgan Stanley may restructure Virgin’s tattered wings after the government denies a $1.4 billion bailout.

To say that Virgin Australia (ASX: VAH) is finding it challenging to navigate through the COVID-19 storm would be an understatement. Virgin’s possible entry into voluntary administration showcases how the airline is on the brink of collapse. Voluntary admission may be excessive. However, considering Virgin’s cash runway, mountains of debt, and recent decision to stand […]