On 20 April 2020 Deloitte Australia was appointed as the
Administrator of Virgin Australia Holdings Limited under section
436A of the Corporations Act 2001.
In Australia "the Virgin Group" consists of
approximately 7 companies with the ultimate holding company being
Virgin Australia Holdings Limited.
All 7 of the companies in the "Australian Virgin
Group" were placed into External Administration on 20 April
2020.
The effect of that External Administration is that Deloitte
Australia effectively controls the Australian Virgin Group
including the listed entity known by its ASX Code VAH.
As Administrators, Deloitte Australia are responsible for making
decisions about whether all or any of the Australian Virgin Group
continue trading or otherwise.
