Administrator asks for another 2 months to sell Bonza

The Qatari flag carrier, which has been angling to increase its presence in Australia but was last year rebuffed by the federal government, could be interested in buying up to 20 per cent of Virgin from current owner Bain Capital.

The loyalty program, which recently announced major partnerships with energy company AGL and ridesharing app DiDi, has reached the equivalent of one member in every Australian household, Virgin says. Velocity had passed the 11-million-member milestone …