Let’s fly: state in bid to buy Virgin

Original article by Craig Johnstone
The Australian – Page: 1 : 14-May-20

Home Affairs Minister Peter Dutton has criticised the Queensland government’s proposal to acquire a stake in Virgin Australia via the state-owned Queensland Investment Corporation. State Treasurer Cameron Dick has stressed the importance of having two sustainable national airlines, adding that his priority is to retain and create jobs for Queenslanders. The QIC is tipped to join one of the consortiums that are bidding for Virgin, and Dick says its investment could take the form of a direct equity stake, a loan, guarantee or other financial incentives.

CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, QUEENSLAND. TREASURY, AUSTRALIA. DEPT OF HOME AFFAIRS

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