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Richard Branson says it's 'not the end'","datePublished":"2020-04-21","dateModified":"2020-04-21","author":{"@type":"Person","@id":"https:\/\/www.thetravelmagazine.net\/author\/sharron\/#Person","name":"Sharron Livingston","url":"https:\/\/www.thetravelmagazine.net\/author\/sharron\/","identifier":2,"image":{"@type":"ImageObject","@id":"https:\/\/www.thetravelmagazine.net\/wp-content\/uploads\/sharron_20150802-96x96.jpg","url":"https:\/\/www.thetravelmagazine.net\/wp-content\/uploads\/sharron_20150802-96x96.jpg","height":96,"width":96}},"publisher":{"@type":"Organization","name":"The Travel Magazine","logo":{"@type":"ImageObject","@id":"https:\/\/www.thetravelmagazine.net\/wp-content\/uploads\/TTM_logo_background_alt-300x100.png","url":"https:\/\/www.thetravelmagazine.net\/wp-content\/uploads\/TTM_logo_background_alt-300x100.png","width":300,"height":100}},"image":{"@type":"ImageObject","@id":"https:\/\/www.thetravelmagazine.net\/wp-content\/uploads\/Virgin-1.jpg","url":"https:\/\/www.thetravelmagazine.net\/wp-content\/uploads\/Virgin-1.jpg","height":787,"width":1280},"url":"https:\/\/www.thetravelmagazine.net\/virgin-australia-falls-into-administration-but-say-its-not-the-end\/","video":{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=OjfoQVSNuyw#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=OjfoQVSNuyw","name":"Virgin Australia 'will be back leaner and meaner': CEO","description":"Virgin Australia Chief Executive Paul Scurrah says the airline will come back \"leaner, meaner (and) more robust\" as the industry tackles \"the biggest crisis\" that's ever been faced in its history. \n\nVirgin Australia\u2019s board placed the airline into administration after the government rejected a final hour plea for a grant to keep it afloat for an extra couple of weeks. \n \nThe Morrison government has remained firm on its stance to not bail out the company, hoping a private entity will rescue the airline instead. \n\nMr Scurrah told Sky News the company has received \"a lot more interest since this decision was made\" by potential investors. \n\n\"We are confident that people will see the value of this asset ... people know that the industry will recover and that it will be a fantastic investment\". \n\n\"Going through what we're going through now, we'll make sure that we're lean, that we have a better balance sheet and that we will probably be the best competitor\" to Qantas in the Australia, he said. \n\nHe also said an aim is to employ \"as many of our current staff as we can\" leading into the future. \n\nImage: Getty","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/OjfoQVSNuyw\/default.jpg","https:\/\/i.ytimg.com\/vi\/OjfoQVSNuyw\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/OjfoQVSNuyw\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/OjfoQVSNuyw\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/OjfoQVSNuyw\/maxresdefault.jpg"],"uploadDate":"2020-04-21T06:21:27+00:00","duration":"PT6M46S","embedUrl":"https:\/\/www.youtube.com\/embed\/OjfoQVSNuyw","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCO0akufu9MOzyz3nvGIXAAw#Organization","url":"https:\/\/www.youtube.com\/channel\/UCO0akufu9MOzyz3nvGIXAAw","name":"Sky News Australia","description":"Real news, honest views.\n\nThe best award-winning journalists with unique and exclusive insights. 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