administrators

Tourism

UK and Australian-owned tour operator collapses

by Huntley Mitchell

The company has specialised in adventure travel since 1987, offering more than 400 escorted group tours and tailor-made trips in over 70 countries.

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Travel Agents

No dice for STA Travel creditors, but hope remains for customers

by Huntley Mitchell

Did you happen to work for the now-defunct agency network when it collapsed? Well, as hard as it is, you’re probably going to want to give this a read.

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Wholesalers

Excite Holidays payout to creditors estimated to be more than previously thought

by Huntley Mitchell

Were you one of the unfortunate ones caught up in the wholesaler’s collapse earlier this year? Consider this a ‘must read’.

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Aviation

New Virgin Australia CEO unveils airline’s future direction, as administrators offer parting remarks

Wondering what Jayne Hrdlicka and Bain Capital really have planned for Virgin now that the airline has taxied its way out of administration? All is revealed here.

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Aviation

Court approves Virgin Australia share transfer to Bain Capital

by Huntley Mitchell

Have you ever figured out a film’s ending before you finished watching it? Prepare to get a similar vibe here.

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Aviation

Virgin Australia directors resign in droves

by Huntley Mitchell

Bain Capital is wiping the slate clean at Virgin, with many more departures announced.

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Aviation

Financial reporting and AGM pressure eases for Virgin Australia

The embattled airline has also launched a 20th birthday sale, with fares from just $69, along with a bunch of cheap tickets to and from Melbourne.

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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.

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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.

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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.

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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.

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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.

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