Queensland Government moves to buy stake in coronavirus-hit Virgin Australia | ABC News

The state-owned Queensland Investment Corporation (QIC) is set to make an official bid for a stake in Virgin Australia after the airline went into voluntary administration last month amid the coronavirus travel restrictions.

Read more here: https://www.abc.net.au/news/2020-05-13/coronavirus-queensland-government-stake-virgin-airlines/12244152

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In This Story: Queensland

Queensland (QLD) is an Australian state covering the continent’s northeast, with a coastline stretching nearly 7,000km. Its offshore Great Barrier Reef, the world’s largest coral reef system, hosts thousands of marine species. The city of Cairns is a gateway to the reef and tropical Daintree Rainforest. The capital, Brisbane, is flanked by the surfing beaches of the Gold and Sunshine Coasts.

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