Skip to content
Subscriber Only

Virgin Australia Stock Suspended as Restructuring Talks Extend

Coronavirus Threatens to Drag Virgin Australia Down
Photographer: Brendon Thorne/Bloomberg

Virgin Australia Holdings Ltd. stock was suspended in Sydney as discussions over a potential financial restructuring for the airline continue.

The shares, already halted from trading, will be suspended for as long as seven days so talks centered on financial help and alternative structures can go on, Virgin Australia said in a statement Thursday.