Bain Capital

Aviation

Virgin Australia to cut 150 head office roles, pauses JV with Delta Air Lines

by Huntley Mitchell

Virgin Australia’s imminent emergence out of administration continues to take shape, with the embattled airline flagging more redundancies.

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Aviation

Aviation Wrap: Virgin staff celebrate Bain Capital sale, Hawaiian Airlines removes change fees + MORE

Outside of making a fourth double-shot espresso (as our reporter did), this week’s Aviation Wrap is the best way to kill five minutes.

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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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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.

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Aviation

Virgin Blue co-founder and former execs back bondholders’ bid for Virgin Australia

Yes, there’s been yet another juicy development in the race to own Virgin Australia. All is revealed here.

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Aviation

Tigerair scratched, thousands of jobs cut and a simplified fleet: Virgin Australia’s six-point blueprint for success

Have you been wondering what the hell Virgin and its future owner have been up to as the administration process nears the finish line? All is revealed here.

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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.

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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.

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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.

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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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