Bain Capital

Aviation

Virgin Australia announces mass changes to executive team

Virgin’s HR team is drowning in paperwork after CEO Jayne Hrdlicka assembled her dream exec leadership line-up.

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Aviation

Virgin Australia scraps order of 25 Boeing 737 MAX aircraft

The airline’s new owners have decided that it only needs half of the 737 MAX planes that were on the original order form.

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Aviation

Branson settles for smaller Virgin Australia stake, but is now airline’s second-largest shareholder

by Huntley Mitchell

The charismatic billionaire entrepreneur is back in the headlines. However, this time it’s got nothing to do with him riding around on a luggage carousel with giant sushi.

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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

Virgin’s keys officially handed over to Bain, as Scurrah opens up about exit

Virgin Australia Holdings has sent out its last ASX announcement before being delisted, with Bain taking control of the thrust levers.

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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

More senior exec departures confirmed by Virgin Australia

by Huntley Mitchell

Virgin’s executive team is set to have a whole new look post-administration, while an expert has warned that the airline’s new owner has seemingly adopted “a classic pump and dump strategy”.

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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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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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