The NSW government won't yet commit to assisting in a bailout for Virgin, despite Queensland offering a potential lifeline to the embattled airline amid the coronavirus pandemic.
The NSW government won't yet commit to assisting in a bailout for Virgin, despite Queensland offering a potential lifeline to the embattled airline amid the coronavirus pandemic.
Virgin is 90 per cent owned by Singapore Airlines, Etihad Airways, the Chinese conglomerates HNA and Nanshan, and Richard Branson's Virgin Group.Meanwhile the Victorian government outright rejected calls from Queensland for "all governments" to lend a hand to Virgin.Victorian Health Minister Jenny Mikakos talked up the importance of the aviation industry yesterday, but said the government had no announcements to make.
"If we're going to get through this pandemic with two national airlines ... then all governments need to come together to ensure that is the case," said Queensland's State Development Minister Cameron Dick. "Our support packages during COVID-19 are focused on keeping people in jobs and businesses in business."
"Sustaining Australia's aviation industry is critical to protecting livelihoods and saving lives. And the federal government is exploring all possible avenues to keep two airlines in the air, throughout this pandemic and on the other side of it," he said."I welcome states and territories exploring ways to assist their local aviation businesses and welcome the Queensland government's commitment to Virgin.
"Such an intervention will give the government the temporary ability to support the airline through this crisis before the industry bounces back - and it will - when the government can recoup its investment."
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