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.
Wholesalers
Excite Holidays directors to regain control following creditors vote
by Huntley Mitchell
The directors of Excite Holidays are set to take back control of most of the companies tied up with the wholesaler, following a vote by creditors yesterday.
Wholesalers
The Excite Holidays news that agents didn’t want to receive
by Huntley Mitchell
The first creditors meeting about the collapse of Excite Holidays has revealed the wholesaler’s debt is estimated to be up to $35.1 million, and the news gets worse.