Outgoing Virgin CEO Plays Down Qatar Stake Speculation

Published on September 14, 2024

Aircraft delivery delays have added to Virgin Australia’s challenges, with outgoing CEO Jayne Hrdlicka describing the second half of the financial year as “super tough.” But Hrdlicka played down speculation Qatar Airways was seeking a stake of up to 20 percent in the airline, saying “some creative fiction” had been written. She said Virgin was picking up aircraft from Rex after the regional carrier entered voluntary administration on July 30, with supply chain and quality control issues slowing down the arrival rate of the new Boeing 737 Max 8. Hrdlicka told the CAPA Airline Leader Summit in Brisbane on Sep. 13 Virgin would be converting 12 orders of Boeing Max 10s to Max 8s to help fleet expansion....