Virgin seeks AUD $1.4 billion bailout, Qantas says if that happens, it wants AUD $4.2 billion | The Business

About This Source - ABC News (Australia)

The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

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  • If Virgin Gets AUD $1.4B Bailout, Qantas Wants AUD $4.2B!

    ABC News Australia reports that Virgin is seeking AUD $1.4billion from the Australian Government… and Qantas says if that happens, it wants AUD $4.2 billion, as airlines feel the pinch of the Covid-19 pandemic.

    Virgin Australia confirms it wants $1.4 billion from the Federal Government to help it get through the coronavirus pandemic, sparking a warning from Qantas boss Alan Joyce.

    ABC News (Australia)

    It is understood Virgin Atlantic is also seeking compensation from the UK Government amidst a difficult time for aviation.

    In This Story: Covid-19

    Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

    Symptoms of coronavirus

    The main symptoms of coronavirus are:

    • a persistent new cough (non productive, dry)
    • a high temperature (e.g. head feels warm to the touch)
    • shortness of breath (if this is abnormal for the individual, or increased)

    Latest News about Covid-19

    Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

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