March 31 (Reuters) - Virgin Australia Holdings Ltd VAH.AX :
* CONFIRMS CONTINUES TO EXPLORE A RANGE OF OPTIONS TO MANAGE THROUGH COVID-19 CRISIS
* OPTIONS INCLUDE REQUESTING FINANCIAL SUPPORT FROM AUSTRALIAN GOVERNMENT IN ORDER OF $1.4BN
* PRELIM PROPOSAL REMAINS SUBJECT TO APPROVAL BY BOARD AND AUSTRALIAN GOVERNMENT AND MAY/MAY NOT INCLUDE CONVERSION TO EQUITY
* EXPLORES RANGE OF OPTIONS TO MANAGE COVID-19 CRISIS, INCLUDING REQUESTING FINANCIAL SUPPORT FROM AUSTRALIAN GOVERNMENT OF $1.4BN