News: VAH Virgin Australia preparing to enter voluntary administration- SMH

SYDNEY, April 20 (Reuters) - Virgin Australia Holdings Ltd (VAH) is preparing to enter voluntary administration, the Sydney Morning Herald reported on Monday, citing unnamed sources, with the cash-strapped carrier unable to weather the coronavirus crisis due to its debt load.

The newspaper said the airline's board of directors was meeting on Monday, with a source saying the announcement of it going into administration was "imminent".

Virgin did not respond immediately to a request for comment.