Virgin Australia strategy, CEO search complicated by airline investors
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SINGAPORE (Reuters) - Under CEO John Borghetti, Virgin Australia Holdings Ltd transformed from a budget airline into a serious rival to Qantas Airways Ltd with the backing of strategic investors including Singapore Airlines Ltd and China's HNA Group.The support, however, came at a price - a shareholder register dominated by airline partners with competing interests and a sometimes fractured board.Borghetti, only the second CEO since the company began operations in 2000, has announced plans to..