administrators

Aviation

Virgin Australia boss Paul Scurrah to exit, replacement revealed

Numerous reports of Paul Scurrah’s imminent departure from Virgin Australia have finally been confirmed.

Share

CommentComments

Travel Agents

STA Travel placed into liquidation

by Huntley Mitchell

Administrators of the collapsed travel company have confirmed the inevitable, with the likelihood of a return to creditors not looking all that promising.

Share

CommentComments

Aviation

All over, red rover: Virgin Australia’s creditors approve sale to Bain Capital

by Huntley Mitchell

The inevitable has been confirmed, with Bain Capital getting the tick of approval from creditors.

Share

CommentComments

Aviation

Virgin’s administrators reveal sale price to Bain, after rogue bondholders retreat

by Huntley Mitchell

The administrators of Virgin Australia have issued their all-important report to creditors, which fails to mention the number of late-night Uber Eats orders made by Vaughan Strawbridge and his team.

Share

CommentComments

Travel Agents

STA Travel customers and creditors get the lowdown from administrators

by Huntley Mitchell

Customers and creditors of the collapsed STA Travel have been filled in on the company’s dire financial state by its locally-appointed administrators.

Share

CommentComments

Aviation

Bondholders dealt big blow in their bid for Virgin Australia

by Huntley Mitchell

The hopes of Virgin Australia’s bondholders in blocking the airline’s sale to Bain Capital have been all but dashed following a Federal Court hearing.

Share

CommentComments

Aviation

Virgin’s administrators issue all-important update to creditors

by Huntley Mitchell

Vaughan Strawbridge and his team at Deloitte have updated Virgin’s creditors with some key info ahead of next month’s meeting. Read all the juicy bits from the circular right here.

Share

CommentComments

Aviation

Court tells Virgin’s administrators to be “full and frank” with creditors or risk delaying sale

by Huntley Mitchell

Travel Weekly’s editor pored over a 15-page document from the Federal Court to deliver you this piece of original reporting. He’s now taking a nap under his desk.

Share

CommentComments

Aviation

“Unacceptable”: Virgin Australia bondholders attempt to spoil Bain’s takeover deal

by Huntley Mitchell

Like a pesky fly you just can’t get rid of, Virgin’s bondholders are back again to try and derail the airline’s sale process.

Share

CommentComments

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.

Share

CommentComments

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.

Share

CommentComments

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.

Share

CommentComments