BGH, Bain, Indigo Partners, Cyrus Capital make Virgin Australia shortlist - source
) administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a source with knowledge of the matter said on Monday.
Binding offers for the airline are due on June 12. The company entered voluntary administration last month owing creditors nearly A$7 billion , making it the biggest Asia-Pacific casualty of the coronavirus crisis hitting the global aviation industry. Bain, which owns Trans Maldivian Airways, is being advised on its Virgin offer by Jayne Hrdlicka, the former head of Qantas budget airline Jetstar, according to media reports.
Cyrus Capital was an investor in collapsed British regional carrier FlyBe, alongside Virgin Atlantic.
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