Paul Scurrah to leave Virgin after much speculation.
Virgin Australia CEO Paul Scurrah will depart the carrier as soon as the close of its transaction sale to Bain Capital.
Scurrah will remain as the airline’s CEO until that time and follows speculation of his departure by the Transport Workers Union (TWU) yesterday, which immediately suspended negotiations on new enterprise agreements with the airline as a result.
“Paul has done an outstanding job supporting us through this process and his exceptional leadership enabled us to stabilise the business and achieve a sale in a timely and orderly manner,” said Deed Administrator of the Virgin Group Vaughan Strawbridge.
In a statement released today, VA also pushed back on suggestions it would be repositioned as a low-cost carrier in Australia.
“Virgin Australia will be a hybrid airline…delivering a distinctive Virgin experience at competitive prices,” Strawbridge affirmed.
More details to come in today’s issue of Travel Daily.