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Reuters

Reuters

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World

Virgin Australia can ride out Middle East volatility, private equity boss says

Reuters
Summary
Nutrition label

82% Informative

Bain Capital partner Mike Murphy is confident Virgin Australia's domestic business focus will help the airline withstand travel disruptions and oil price volatility created by the ongoing Middle East tensions.

Bain raised A$685 million when Australia 's second largest airline relisted on the Australian Securities Exchange on Tuesday .

Virgin 's debut on the ASX came hours after Qatar shut its airspace and prompted airline to divert two Qatar -bound flights after Iranian missiles were fired at a U.S. base in the state.

VR Score

93

Informative language

97

Neutral language

97

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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