Ms Hrdlicka, who was part of Bain Capital's successful bid team to take control of Virgin Australia, was previously chief executive at Jetstar and A2 Milk.
Virgin went into voluntary administration with hefty debts in April, as the coronavirus pandemic brought the airline industry to a halt. The sale of Virgin to Bain Capital was finalised last month, following commitments to retain as many jobs and services as possible. Virgin administrator Deloitte believes Bain will maintain Virgin as a full service airline, despite suggestions the US private equity fund plans to make it a low-cost carrier.
That’s convenient- Jane got a free pass out of Melbourne to Qld recently & now becomes CEO of Brisbane based airline.
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Reports Virgin administrators sacked CEO Paul Scurrah raises fears for airline staff's future | Sky News AustraliaThe Trade Workers Union has suspended negotiations with Virgin Australia administrators Bain Capital for reneging on assurances CEO Paul Scurrah would not be sacked, raising fears the private equity firm would cannibalise the airline.\n\nTWU Secretary Michael Caine said the 'ink was not yet dry on the sale of Virgin' and believed Bain was 'ripping out the heart of Virgin' as the union had feared.\n\nSky News Business Editor Ticky Fullerton said former Jetstar CEO Jayne Hrdlicka was seen moving to Brisbane raising speculation she was moving in to take over from Mr Scurrah.\n\nMeanwhile, consumer confidence has risen by 11.9 per cent in a three-month high largely attributed to the federal budget.\n\n Can someone explain why unions are injecting themselves into decisions around companies employ as senior managers ? “Trade Workers Union”? As a recent ex-VA pilot, it’s heartbreaking to think of Virgin’s future (or non future). Whilst it’s all rumour & hearsay for now, suffice to say Bain’s reputation precedes them. Signs already point towards VA being stripped to a shell of its former self - if it survives at all.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Virgin Australia CEO's future in doubt after falling out with new owners | Sky News AustraliaVirgin Australia CEO Paul Scurrah's future is in doubt following a fallout with the company's new owners.\n\nIt is expected Mr Scurrah will leave Virgin Australia which is now owned by Bain Capital after the company collapsed in April.\n\nThere are plans to relaunch the airline as a low-cost carrier with intentions to hire former Jetstar executive Jayne Hrdlicka to run the company.\n\nUnionists have refused to negotiate on workplace agreements, describing the changes as “worrying.” \n VA will b assert stripped by bain capital .....wonder Branson will do now 🤣😂🤣😂 Bain are the scum of the earth, they just go from company to company hollowing them out for huge gain and then just leaving a carcus for vultures to feed on. Then their other arm 'advises' CEO clowns on which people they can supposedly get away with making redundant.... BAINOUT LOCKEMUP
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Virgin Australia's CEO to step down after life-saving takeover deal finalisesAdministrators formally sold Virgin Australia to Bain Capital after a second meeting of creditors was held in September.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Virgin Australia business class passenger slams 2-minute noodle lunchIt looks like your stock-standard university dinner, but this two-minute noodle cup and can of Coke was served to someone who’d paid $2500 for their fair. *fare Christ almighty. I know this isn't regular propaganda but at least use grammar checks before posting. This is an embarrassing failure. FARE! Doesn’t seem fare
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Bain is 'ripping out the heart of Virgin' says union amid fears Virgin Australia CEO could lose his jobA key union is concerned the new owner is aiming to put former Jetstar boss Jayne Hrdlicka in charge of Virgin Australia and turn the airline into a low-cost carrier. Does anyone care about what happens to the CEO of Virgin? Wow who knew the company that guts company's intentionally for a quick profit is gutting virgin for a quick profit, who couldve guessed Shocking, but no surprise - that's what Bains do.
Source: abcnews - 🏆 5. / 83 Read more »
Virgin boss Paul Scurrah's job in doubt after Bain takeoverA question mark is hanging over Virgin Australia boss Paul Scurrah's future following its takeover by the American private equity firm Bain Capital, with a key union fearing he is about to depart the airline | domp domp domp He's replaced by some Hard Liquor isn't he? AusBT domp Good riddance.
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