news.com.au reporting voluntary admin, page-123

virgin Australia is in this position because it is working to support its shareholders airlines eg Singapore airlines fly a plane full of people in to syd for a holiday virgin airlines fly these passengers all over Australia to their destination in half full planes at a loss the new owner will buy out the company and run it as a profitable business all shareholders will be bought out for what the company is worth in tangible assets or shareholders may have a share in the new company with a good future early days