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Fitch Downgrades Virgin Australia following move into administration  

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Fitch Downgrades Virgin Australia following move into administration  

 Fitch Ratings has downgraded Virgin Australia Long-Term Foreign-Currency Issuer Default Rating to 'D' from 'CCC-', following the carrier's announcement it has entered voluntary administration. Virgin said on April 21 that it will continue to seek financial assistance - but to date has not successf...

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