#11076546 at 2020-10-15 03:26:06 (UTC+1) Q Research General #14166: LET'S SEE WHAT HAPPENS EDITION
Paul Scurrah resigns as Virgin Australia chief executive
Virgin Australia CEO Paul Scurrah will step down from his role after a year of turmoil at the struggling airline.
Paul Scurrah has resigned as chief executive officer and managing director of Virgin Australia, following a year of turmoil for Australia's second airline.
He will be replaced by former Jetstar boss JayneHrdlicka when the airline is handed over fully to US private equity firm Bain Capital in early November.
Mr Scurrah will remain in his role until then, the airline's administrator Deloitte said in a statement to the ASX today.
Deloitte said it believed Bain would maintain Virgin Australia as a full-service airline, despite speculation Mr Scurrah had clashed with Bain over its intention to turn it into a low-cost carrier.
Sources have told the Australian Financial Review other executives may follow Mr Scurrah's exit.
The sale of Virgin Australia to Bain was finalised last month after the debt-ridden airline slumped into voluntary administration in April.
The airline has since announced it would streamline its fleet and axe budget subsidiary Tigerair, but keep its two-class cabin structure - business class and economy - and return business lounges when travel demand picked up.
#7461078 at 2019-12-09 05:21:10 (UTC+1) Q Research General #9542: Prayers On The Eve Edition
Resignations in the news 12/6/2019 thru 12/8/2019 - part 2
Ga Rep. Tom Graves retiring
Axis Bank CFO Jairam Sridharan resigns
Van Cott resigns from Saranac Lake Village Board
Radiolab host retiring after 15 years on the show
Retiring Supreme Court Justice to speak at UGA
Forest Restoration Pioneer Retiring From Arizona University
Chris Claiborne resigns as football coach at Calabasas
San Jacinto schools Superintendent Diane Perez resigns
Barry Kriger retiring as WWLP 22News anchor
Detroit police sergeant suspended in connection to officer's death retiring from force
School Board recognizes retiring superintendent, board members
Sanders Aide Fired After Free Beacon Report
Knicks firing head coach David Fizdale sends NBA Twitter into a frenzy.
Absent board member resigns from DRB, city council to fill post
Carrabec High School teacher resigns amidst weeks-long controversy
Wes Slate retiring as Beverly city clerk
Acting Pascagoula city manager resigns
Schrader resigns as Savannah football coach
Ekandjo resigns from current Parliament
London Fire Commissioner to step down