Value of Virgin’s Velocity axed in report clearing way for Bain takeover

The value of Virgin Australia’s frequent flyer scheme Velocity was slashed from $2 billion to $700 million in an independent report allowing Bain Capital to take full ownership of the […]

Jayne Hrdlicka: The high-flying executive behind Bain’s turbulent Virgin tilt

Much of the focus on Virgin’s new owner Bain Capital has centred on local boss, former Olympian Mike Murphy,. But the role of Jayne Hrdlicka was just as important.