FlyerTalk Forums - View Single Post - Virgin Australia Goes Into Voluntary Administration
Old May 12, 2020, 5:02 pm
  #22  
OZFLYER86
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Join Date: Nov 2018
Posts: 457
Originally Posted by Mwenenzi
Link (12 May 2020) Executive Traveller ----->Virgin Australia administrators: no refunds, just 'conditional' credit


Australian consumer law taken a back step?
(emphasis added)
absolutely & obviously. VA is in admin. What part of this don't you understand ? If the administrators do a good job, they will get rid of all leases & lease payments. Ticket holders are unsecured creditors.

Any creditors maybe shouldn't have given virgin credit, in the 1st place.

There has been a change, obviously, in that chargebacks are not automatic.

That said, if V2 does make it, the new owners would be crazy not to offer virgin ticket holders some sort of credit.

Not matter what new owners might say, the perception would be that V2 is somehow related to virgin. Bad PR.
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