Virgin Australia feels the heat from new owners

Virgin Australia chief executive Paul Scurrah’s position is under question following the airline’s takeover by American private equity firm Bain Capital. This follows a union’s concerns that the new owner is aiming to put former Jetstar boss Jayne Hrdlicka in charge and turn the airline into a low-cost carrier. The Transport Workers Union (TWU) has suspended negotiations with Virgin’s new owner, Bain Capital, over a new enterprise bargaining agreement. The union is concerned Bain wants to move to a low-cost airline model. It has sought confirmation about any changes to the airline’s management and services Sources have told the Australian