ASU update from the Virgin / Tigerair Creditors Meeting
Yesterday was a big day – the ASU represented our members at the first Virgin Australia creditors’ meeting. The key outcomes of the meeting were:
- The administrators are currently in discussions with some potential buyers and are expecting a competitive bidding process
- There are no plans to reduce entitlements of employees through this process
- You are still employed, and your existing entitlements will continue to be preserved and will accrue during the administration period
- Deloitte does not propose to make any additional redundancies, and the ultimate staffing makeup of Virgin Australia will be determined through discussions with the potential buyers.
Because of the incredible work of ASU members in submitting hundreds of proxies and demonstrating that we are a strong united voice, the ASU has been proposed by Deloitte to be on the important Committee of Inspection that will oversee the administration.
There will be an electronic vote of creditors next week to confirm the makeup of the committee – we will provide more information to members on this vote when it comes to hand.
After the meeting, over 600 Virgin workers from across the entire country and from all unions came together for a mass meeting. ASU delegate and Virgin worker Tara addressed the meeting, and did a sensational job of explaining why it is so important we all work together with a strong united voice through this process. Great work representing ASU members Tara!
Every union member at the mass meeting committed to keep up the campaign and immediately take action to #SaveVirgin. We need you to do these 3 things to help the campaign:
- Sign the petition: It is not too late for the Morrison Government to intervene and stop 16,000 workers, including ASU members around the country from losing their jobs. Click here to sign the petition now, and get all your friends, colleagues and family to sign as well.
- Email MPs: We’ve got to pull out every stop to get our message across to Scott Morrison – and that includes pressuring other members of Parliament who should have an interest in saving Virgin Australia for the communities they represent.Click here to email MPswhose electorates rely on Virgin flights to stay connected to the rest of the country, and tell them that they must pressure Scott Morrison to act immediately to save the airline.
- Get a colleague to join the union: For anyone who is not yet an ASU member – it is not too late to join. Sign up now to make sure you are supported and represented throughout this process: www.asu.asn.au/asujoin
We know this is a difficult time, but your union is by your side. We will continue our fight to keep Virgin flying.