administration

Aviation

The bad news for Virgin Australia’s shareholders

Did you happen to purchase some shares in Virgin right before it collapsed? Continue to regret your investment decision here.

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Aviation

What has Bain got in store for Virgin Australia?

by Huntley Mitchell

After being chosen as Virgin’s preferred bidder late last week, many have been wondering what Bain Capital has planned for the struggling airline.

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Aviation

WINNER WINNER: Bain Capital triumphs in Virgin Australia bidding war

by Huntley Mitchell

Following a comprehensive sale campaign, Virgin Australia’s administrators have chosen its preferred bidder to put forward to creditors.

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Aviation

BOOM! Virgin’s bondholders crash the bidding party with $3 billion proposal

by Huntley Mitchell

You could sense that something was brewing amongst Virgin Australia’s bondholders, and now it’s been confirmed they are making a late play for the airline.

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Aviation

Agent confidence “of paramount importance”: Virgin Australia bidder to honour pre-paid tickets

by Huntley Mitchell

Agents who sold pre-paid tickets for flights with the beleaguered airline have been given a much-needed shot in the arm by one of its bidders.

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Aviation

Virgin’s administrators still yet to name final two suitors following surprise bid

Virgin Australia’s administration process is starting to resemble Bathurst’s famous Mount Panorama racetrack, given the number of twists and turns.

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Aviation

Administrators shortlist Virgin bidders, as Velocity point redemptions resume

by Huntley Mitchell

The administrators of Virgin Australia have whittled down the number of suitors after spending the weekend mulling over all the non-binding offers. Find out who they are here.

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Aviation

Federal govt mocks Queensland’s “laughable” Virgin bid, as Rex eyes capital city flights

by Huntley Mitchell

The Queensland government has thrown its hat in the ring to bid for Virgin Australia, as the deadline for non-binding offers draws closer.

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Aviation

Virgin update: Administrators deny borrowing $200m, travel credit and refund pause, US legal action + MORE

by Huntley Mitchell

We’ve got so much juicy Virgin Australia news for you that we’ve basically dedicated a whole wrap to it.

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Aviation

HERE WE GO: Deadline set for Virgin Australia offers, as 20 suitors flag their interest

by Huntley Mitchell

With Virgin Australia’s administrators holding the first meeting of creditors today, more suitors for the beleaguered airline have come out of the woodwork.

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Aviation

Virgin update: Suitor made move 18 months ago, administrators seek help and Velocity joins creditor list

As the administrators and creditors of Virgin prime themselves for tomorrow’s meeting, there’s been a juicy mix of revelations and updates in the days leading up to it.

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Aviation

Virgin update: Creditors owed $6.8bn, suitor’s “Team Australia bid” and Scurrah’s CEO challenger

There have been quite a few interesting developments in the administration process of Virgin Australia, as the airline’s future hangs in the balance.

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