creditors

Wholesalers

Dividend payout deferred for Excite Holidays creditors

by Huntley Mitchell

You could be forgiven for forgetting all about the collapsed wholesaler ever since the pandemic hit. Unless you’re a creditor, of course.

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Technology

Fly365 liquidators point creditors to airlines for refunds, as probe continues into company directors

by Huntley Mitchell

Liquidators of the collapsed online travel agency have issued a very important update to creditors. Read on to get the lowdown.

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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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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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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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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

HERE WE GO: Deadline set for Virgin Australia offers, as 20 suitors flag their interest

by Huntley Mitchell

With Virgin Australia’s administrators holding the first meeting of creditors today, more suitors for the beleaguered airline have come out of the woodwork.

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Aviation

Virgin update: Creditors owed $6.8bn, suitor’s “Team Australia bid” and Scurrah’s CEO challenger

There have been quite a few interesting developments in the administration process of Virgin Australia, as the airline’s future hangs in the balance.

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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.

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Wholesalers

More details on Excite’s money woes emerge, as agents’ FAQs are answered

by Huntley Mitchell

Further details on the wholesaler’s collapse have been revealed, while affected agents finally get some answers to their questions.

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