Qantas begins compensating ‘ghost flight’ passengers

Peter Warne, a former Chair of Macquarie Group Limited, will take over as non-executive chairman from Ryan Cotton, who has headed the Virgin board since November 2020. The company has lodged a prospectus, viewable online, ahead of the planned IPO.

While it could not disclose the number or the nature of the interested parties, Ernst & Young confirmed it had received non-binding offers for the Vanuatuan flag carrier, which went into voluntary liquidation last month owing at least $99 million.

It marks the first aggressive move to market to European destinations since the airline pulled out of flying to the hub airports of Hong Kong in 2020 and Abu Dhabi in 2017, before entering administration in 2020.