Virgin Aust to keep base in Qld
Virgin Australia will keep its headquarters in Queensland after the ailing airline was sold to a Boston-based private equity firm.
Bain Capital has emerged as the winning bidder for Virgin Australia and Premier Annastascia Palaszczuk says the headquarters will stay in Brisbane.
"Virgin Airlines will continue as Australia's second national carrier and its headquarters will stay in Queensland," the premier said on Twitter.
The sale and implementation deed is subject to minimal conditions and should be completed before the end of August, the Deloitte administration team said on Friday.
