Both Virgin bidders now backing AFTA call for protection of VA tickets.
The Australian Federation of Travel Agents has just confirmed receipt of confirmation that Bain Capital will honour the estimated $100 million worth of pre-paid Virgin Australia tickets purchased through member travel agents, if its bid for the airline is successful.
The commitment from Bain follows a similar pledge by the other shortlisted bidder for the carrier, Cyrus Capital, which also yesterday said it would honour the tickets.
Both Bain and Cyrus are believed to have submitted their binding final offers for Virgin Australia yesterday, with the Administrators from Deloitte aiming to secure a deal as soon as possible.
“Consumers who have booked and paid in good faith must be able to fulfil their flights with the airline post sale,” said AFTA Chairman Tom Manwaring.
“AFTA will continue to lobby in the interests of our members and their customers,” he said.
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