deloitte

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 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

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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Aviation

WINNER WINNER: Bain Capital triumphs in Virgin Australia bidding war

by Huntley Mitchell

Following a comprehensive sale campaign, Virgin Australia’s administrators have chosen its preferred bidder to put forward to creditors.

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Aviation

Virgin Australia bids locked in, but is an eleventh-hour play imminent?

by Huntley Mitchell

The next stage of Virgin Australia’s sale process is underway, but could we still be in for one more surprise?

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Aviation

Agent confidence “of paramount importance”: Virgin Australia bidder to honour pre-paid tickets

by Huntley Mitchell

Agents who sold pre-paid tickets for flights with the beleaguered airline have been given a much-needed shot in the arm by one of its bidders.

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Aviation

Virgin’s administrators warn bidders may withdraw if govt fails to provide more financial certainty

Virgin Australia’s administrators have urged the federal government to provide more financial certainty for the airline, or risk its sale falling in a heap.

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Aviation

Virgin’s administrators still yet to name final two suitors following surprise bid

Virgin Australia’s administration process is starting to resemble Bathurst’s famous Mount Panorama racetrack, given the number of twists and turns.

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Aviation

Labor senator calls for corporate watchdog to investigate Rex

Rex is facing a possible probe from Australia’s corporate watchdog, after its deputy chairman revealed plans for the airline to expand capital city services without informing the ASX.

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Aviation

Administrators shortlist Virgin bidders, as Velocity point redemptions resume

by Huntley Mitchell

The administrators of Virgin Australia have whittled down the number of suitors after spending the weekend mulling over all the non-binding offers. Find out who they are here.

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