FILE PHOTO: A rainbow from a passing rain shower sits over Virgin Australia aircraft at Sydney's Airport in Australia, August 5, 2016. REUTERS/Jason Reed
The proposal involves a debt-to-equity swap among bondholders owed around A$2 billion plus a fresh capital injection of around A$1 billion, said the person, who was not authorised to speak publicly. The proposal would back the existing management team, honour full employee entitlements, customer travel credits and frequent flyer points, according to the source.
Where is Beardie Branson in his mess. ? Neker no doubt......
Is the article supposed to be hopeful? Mixed messages scrolling quickly down
That's a fucking nice rainbow 🌈👀 wow 🙌
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Virgin Australia bondholders lodge rival proposal to U.S. firmsVirgin Australia Holdings Ltd bondholders have put forward a recapitalisation proposal for the struggling airline, seeking to knock out rival offers from two U.S. private equity firms. Uncalled for
Source: Reuters - 🏆 2. / 97 Read more »
Virgin Australia bondholders working on potential revival plan - sourceVirgin Australia Holdings Ltd bondholders are working on a revival plan for the airline involving a debt-to-equity swap if they are not satisfied with a sale offer, according to a person with knowledge of the matter.
Source: Reuters - 🏆 2. / 97 Read more »
Virgin Australia suitors strain to soar like TPGBuyout shop Bain and hedgie Cyrus are jostling to buy the carrier out of bankruptcy. The industry has foiled everyone from Warren Buffett to Gordon Gekko. David Bonderman’s TPG is one of the few with happy tales to tell. Replicating its success will require some fancy flying.
Source: Breakingviews - 🏆 470. / 51 Read more »
Virgin Galactic will help train astronauts for NASASpaceX won't be the only private company bringing people to the International Space Station. Virgin Galactic announced that it has signed a deal with NASA to train private astronauts and coordinate potential trips to the ISS. 'Virgin Galactic' is the actual name of this company? Joke...they been at it longer than Space x or Blue origin and still don't have a working vehicle...what they gonna train NASA at ? Crashing ?
Source: CNN - 🏆 4. / 95 Read more »
Virgin Galactic inks a deal with NASA to help train private astronauts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Shares of Virgin Galactic surge after announcement that it will train astronauts for NASAVirgin Galactic signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station. It was nice to throw Virgin a bone. I have to say that NASA has done good job of forging a sustainable path forward and managed to avoid most of the pitfalls of the ongoing Republican shit show in government. ty for the extra 20% in my portfolio virgin stoolpresidente time to move into space flight investments..
Source: CNBC - 🏆 12. / 72 Read more »