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© Reuters. A Virgin Australia Airlines plane is seen at Kingsford Smith International Airport after Australia implemented an entry ban on non-citizens and non-residents due to the coronavirus disease (COVID-19) in Sydney

Virgin Australia's administrator to shortlist two bidders early next week

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SYDNEY (Reuters) - The administrator of Virgin Australia Holdings Ltd (AX:VAH) said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to acquire the airline on Friday.

Brookfield, which pulled out of the first bidding round and was not on the initial shortlist of four, submitted a proposal on Friday, a source with knowledge of the matter said on condition of anonymity.

Brookfield declined immediate comment.