Virgin Australia must say bon voyage to its CEO American Jayne Hrdlicka, who surprised stock players with her announcement about her exit. They’re left wondering when the airline will actually re-list and become a public company again. The current owner is Bain Capital, which bought the airline after the Covid collapse of the company, following the Morrison Government refusing to bail out the airline. Ms Hrdlicka has had the benefit of the post-Covid escalation if airfares and the fact that there isn’t cutthroat competition. It showed that listening to workers’ ideas on the best way forward for the airline is a valuable attribute for the CEO of Virgin Australia,” Kaine said.

Source: The Guardian February 21, 2024 03:57 UTC